M&M has grabbed solid sell side liquidity and has broken past its short term low forming a FVG and a valid MSS... Applying ICT concepts, this triggers an entry and a stop with target as noted. Keep It Simple
HUL has recently broken out of an inverted head and shoulders pattern and formed a FVG. Its taken support from a major trend line and given its MSS and FVG. FMCG itself looks vert bullish with Britannia in a bullish FVG and ITC starting its uptrend. Keep It Simple
KPIT has just released another solid quarter with its highest ever profits and highest ever earnings. Solid fundamentally and has a protected growth of about 22% in its revenue. ICT concepts Solid liquidity grab and MSS only caution is, it is trading at its 0.5 fib or equilibrium. Taken solid support from trend line and moves up with increased volume with...
Using ICT concepts, Liquidity Grab MSS- Market Structure Shift FVG This is enough to form a bias and a model Price is below 0.5 Fib trading at a very heavy discount and see how it has come in play My next idea will be a trade before it has happened Keep it Simple
2 FVG have formed after positive release of news It may trade into the second FVG so have some sort of an appetite to digest such a price move Although low risk to reward, solid concepts in play which is the important thing to consider Keep It Simple
ICT concepts coupled with price action 575 was the best entry as it formed a FVG after a MSS and sell side liquidity was taken out. Au bank released its earnings and although profits fell, NPA,GPA were down as well showing strong management. NII was up 10% which is another major sign and it beat estimates. Technical signals Bullish flag with a bullish...
HAHA ICT=ITC anagram... ITC currently has iCT concepts in play and I am expecting a target of 456. The first FVG formed around 412.. sadly I missed the entry. A continuation FVG formed at 423 where I have entered and am expecting 456. ITC earnings can create volatility but set up is solid and concepts are in play Yes price action has already happened but this...
Concepts Of ICT- Part 2 A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved. Keep It Simple All concepts from 2022 Mentorship
Concepts Of ICT A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved. Technicals and smart money gave the signals of a drop in Infosys before its earnings. Some would say its a " Head and Shoulders"- not...
I am taking a new approach to the market, I will provide a thread of one stock each day which shows past data showing how concepts of ICT and also trading work in the Indian stock market. This will only be for educational purposes to show that ICT Concepts drive the market 1. One stock Each day- This will be of price action that has already happened 2. A stock...
Similar to the HDFC analysis I gave, Hindustan Uni has approached its major support zone where it has had three previous 12% rallies from. position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second...
Bajaj Electricals has approached its institutional buying zone and is rangebound over a long horizon as clearly visible. position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten...
HDFC bank has been in this range since about 300 days and has always bounced back from this institutional buying zone where big players accumulate. It has approached this range again giving a beautiful risk to reward ratio of 1:3 and more. As seen in the past, on the break of this minor downward trend, the market rallies to the resistance zone hence we should...
Supriya shows bullish potential due to the following factors 1. Upward channel giving a good range bound move 2. Buying with good volume and candles seen at the support zone 3. Golden cross about to form 4. Bullish flag with low volume We should take the position sizing approach, Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk...
Jublingrea has formed a beautiful upward channel and is rangebound with a buy at low sell at high and sell at high buy at low move. It has pulled towards trend line on low volume. This is a risky trade as if the lower trend line breaks, the move has come to an end hence I would suggest risking less than what you usually risk at first since risk to reward is 1:5...
BPCL has fallen over 9% on disappointing earnings.... that's the past Looking at the stock right now, we can see 1. It is falling on low volume towards the support zone = good bullish sign ( Since there is no selling in the market ) 2. It is present at a major support and trend line ( Supports hold in bull markets ) 3. Support from 200EMA = bullish sign We...
Rain industries is currently in a symmetrical triangle pattern resting on the 200EMA and is on a strong area of confluence which is acting like a support zone, it is also supported by a moving average right below which is the 50EMA which gives us 3 major support zones. Looking deep into the volume of the consolidation, you can see that the consolidation was on...
Tata chemicals has formed a beautiful symmetrical triangle pattern and requires traders to trade the range, buying at the lower trend line and selling at the higher. It has also formed a golden cross- When 50EMA passes 200EMA from below showing bullish nature. A break of the lower trend line will see an end to the trade, making it a risky one.. Hence we should...