✅ Trade Setup
Parameter Value
Trade Direction BUY
Entry-1 ₹546
Stop Loss (SL) ₹417
Risk ₹129
Reward ₹462
Target ₹1008
Risk-Reward (RR) 3.6
Last Swing High ₹895
Last Swing Low ₹433
🧠 Logic & Key Takeaways
Trend Consistency: All timeframes from yearly to 60M are aligned in an uptrend, adding strong confluence to the buy setup.
Demand Zones: Multiple demand zones lie between ₹410–₹445, acting as a strong cushion. SL at ₹417 is just below key daily/weekly zones.
Entry vs ITF Demand: Entry at ₹546 is exactly in the intraday demand zone, providing a low-risk opportunity.
Target & RR: Ambitious target of ₹1008 aligns with macro bullish momentum. RR of 3.6 is excellent.
📌 Verdict:
✅ High-conviction BUY plan with full time-frame alignment and healthy risk-reward.
📍 Manage position sizing carefully due to the ₹129 risk and keep trailing SL as it breaks above ₹895.
🔍 Multi-Timeframe (MTF) & High Timeframe (HTF) Analysis Summary
Timeframe Trend Demand Zone Type Proximal Distal Avg
Yearly UP BUFL 167 132 150
Half-Yearly UP BUFL 432.5 432 432
Quarterly UP BUFL 432.5 410 421
Monthly UP Rally Rally 471 358 415
Weekly UP Rally Rally 410 380 395
Daily UP DMIP Support 454 417 436
Intraday (ITF 60-240m) UP BUFL 546 537 541.5
📊 Averages Overview
Timeframe Group Trend Avg Proximal Avg Distal Avg of Averages
HTF Avg UP 344 325 334
MTF Avg UP 445 385 415
ITF Avg UP 546 537 541.5
⚠️ Risks / Considerations
Entry at ₹546 is relatively high compared to MTF average (~₹415) — monitor closely for any breakdown below ₹537, which could invalidate short-term demand.
Strong reaction near last high ₹895 could slow momentum—watch for rejection near this zone.
Ensure volumes support the bullish breakout post-entry.
Parameter Value
Trade Direction BUY
Entry-1 ₹546
Stop Loss (SL) ₹417
Risk ₹129
Reward ₹462
Target ₹1008
Risk-Reward (RR) 3.6
Last Swing High ₹895
Last Swing Low ₹433
🧠 Logic & Key Takeaways
Trend Consistency: All timeframes from yearly to 60M are aligned in an uptrend, adding strong confluence to the buy setup.
Demand Zones: Multiple demand zones lie between ₹410–₹445, acting as a strong cushion. SL at ₹417 is just below key daily/weekly zones.
Entry vs ITF Demand: Entry at ₹546 is exactly in the intraday demand zone, providing a low-risk opportunity.
Target & RR: Ambitious target of ₹1008 aligns with macro bullish momentum. RR of 3.6 is excellent.
📌 Verdict:
✅ High-conviction BUY plan with full time-frame alignment and healthy risk-reward.
📍 Manage position sizing carefully due to the ₹129 risk and keep trailing SL as it breaks above ₹895.
🔍 Multi-Timeframe (MTF) & High Timeframe (HTF) Analysis Summary
Timeframe Trend Demand Zone Type Proximal Distal Avg
Yearly UP BUFL 167 132 150
Half-Yearly UP BUFL 432.5 432 432
Quarterly UP BUFL 432.5 410 421
Monthly UP Rally Rally 471 358 415
Weekly UP Rally Rally 410 380 395
Daily UP DMIP Support 454 417 436
Intraday (ITF 60-240m) UP BUFL 546 537 541.5
📊 Averages Overview
Timeframe Group Trend Avg Proximal Avg Distal Avg of Averages
HTF Avg UP 344 325 334
MTF Avg UP 445 385 415
ITF Avg UP 546 537 541.5
⚠️ Risks / Considerations
Entry at ₹546 is relatively high compared to MTF average (~₹415) — monitor closely for any breakdown below ₹537, which could invalidate short-term demand.
Strong reaction near last high ₹895 could slow momentum—watch for rejection near this zone.
Ensure volumes support the bullish breakout post-entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.