ASHOKLEY (D) CHARTAshok Leyland LimitedNSE:ASHOKLEYaskbiswanath2025Friends, the market forms a structure; when that structure breaks, it is called a "Break of Structure" (BOS), and the market moves in a new direction. When it breaks or shifts its movement, it is termed a "Change of Character" (CHoCH)—meaning it alters its nature and begins moving in the opposite direction. Whenever this structure breaks, a trade plan emerges for you; try to understand this. Often, immediately after the structure breaks (when the price moves above the previous high), it drops sharply; you can view this movement as a "Liquidity Sweep." Then, it falls again and attempts to break that same structure once more; sometimes, a large candle breaks that level and drives the market upward, and subsequently, the price returns to retest the area around that candle. This serves as an excellent zone for a trade, as a tight stop-loss allows you to increase your position size. However, if the candle is very large, you should reduce your quantity; otherwise, significant market volatility—whether upward or downward—could lead to heavy losses. Pay close attention to the high or low of the candle that caused the break. Mark these levels and wait for the market to return to them. Plan your trade only when the market touches that zone and reacts to it. If the market moves forward without touching your support zone, it presents an excellent opportunity, as the market is bound to return to that level. That pullback can offer a great chance to buy; while nothing is 100% certain, a retest of that level could prove to be a prime opportunity. Remember, the time frame is crucial. Whether you are using a 15-minute, 1-hour, 4-hour, or daily chart, you should base your plan on the structure visible within that specific time frame; otherwise, you may face difficulties. Keep in mind that risk management is even more important than your win rate; it is the tool that safeguards your capital.