BALKRISIND (D) CHART

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BALKRISIND (D) CHARTBalkrishna Industries LimitedNSE:BALKRISINDaskbiswanath2025Friends, if a "Break of Structure" occurs in the market—whether YOU ARE using ICT, SMC, or any other concept—and the specific candle responsible for that break is large, consider its high or low to be extremely significant. Mark these levels and wait for the market to return to them. Often, a structural break occurs where the price crosses the previous high but immediately falls back—a move you can interpret as a liquidity sweep. It then drops again and attempts to break that same structure once more; sometimes, a large candle breaks through that level, sending the market upward, before the price eventually retraces to retest the area near that candle. This is a prime zone for executing a good trade, as the tight stop-loss allows you to increase your position size. However, if the candle size is large, you should reduce your quantity; otherwise, a significant market move—whether up or down—could result in heavy losses. You can also plan a profitable trade in scenarios where the market tests a previous high and then pulls back. In my view, these two situations—where the market breaks the structure with a large candle or touches a level and reverses—are excellent opportunities for executing high-potential trades. Remember that the time frame is the most critical factor here. 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 might face difficulties. I primarily use the 15-minute chart for trading gold, but you should certainly pay attention to the time frame when trading any stock or index as well. You may be face failure while planning a trade, but if you keep these points in mind, you will encounter minimal failure. You can observe these aspects in my previous charts. Remember, risk management is even more important than your win rate; it is the tool that can safeguard your capital.