Case study: Laxmi Sunrise Bank (LSL) - a liquidity sweep, a CHoCH and an order block (stopped out)

Case study - written after this trade played out, to show the method step by step. It was not a live call, and it isn't advice to buy or sell.

The setup. Laxmi Sunrise Bank (LSL) had been making lower highs and lower lows on the daily chart. On 2026-07-16 a candle dipped below the last swing low at Rs 213.1 and closed back above it: the sell-side liquidity under that low was taken, but sellers couldn't hold the price down.

The trigger. On 2026-07-24 price closed above the last lower high at Rs 227.8 - a change of character (CHoCH). The last down candle at the bottom of that move is the order block: Rs 212.0 to Rs 220.0, in the discount half of the range.

The plan. A limit buy at the top of the block, Rs 218.8. The stop just under the block at Rs 210.9 - a 3.6% risk. The target 1 : 2 at Rs 234.5.

Stage A: the bigger trend was up and the internal structure had just turned up with it - both layers on the same side.

What our data said on 2026-07-27, before the entry: MacroLens Rating BB (53/100) - a middling score; the latest report (Q3 82/83, published 2026-04-28) showed earnings of Rs 16.8 a share over the last year, up 47% on a year earlier, and a return on equity of 10%; a P/E of 13 at the entry price; a typical Rs 1.9 crore traded a day (easy to trade). The data looked reasonable - profits up strongly and a P/E around 13 - and the trade still failed. Good data improves the odds; it doesn't remove the risk. Want to check today's numbers yourself? Use the "Check LSL yourself" links under this idea - the rating, fair value, dump risk, cornering and liquidity are all on the MacroLens NP desk (Pro tools).

What happened. Price came back into the block on 2026-07-27 and the order filled, but it closed through the bottom of the block and the stop was hit on 2026-08-17.

The lesson. This setup looked as good as the winners at the entry - losses like this are part of the method, and no setup works every time. The close below the block was the signal that the idea was wrong. With 1% risk per trade it costs about 1R (a little more with costs and T+2) - that's why the size matters more than the pick.

The method - swing, internal and fractal structure, order blocks and liquidity - is explained in full in our e-book The Complete NEPSE Trader. The rating, report and broker figures are MacroLens NP's own data as it stood on the entry day.