✅ Trade Plan – Long Entries
Entry # Entry Price SL Risk (pts) Target Last High Last Low
Entry 1 54,054 53,483 571 62,088 56,080 52,063
Entry 2 52,486 51,863 623 60,520 56,080 52,063
🔍 Insights & Strategy
Trend Alignment: All major MTFs and GANN analysis indicate a strong bullish bias.
Entry 1 (54054): Above GANN Long zone → Good for confirmation-based entry.
Entry 2 (52486): Closer to weekly DMIP zone → Attractive for re-entry on dips.
Risk Management:
Entry 1 RR = (62088 – 54054) / 571 ≈ 13.9
Entry 2 RR = (60520 – 52486) / 623 ≈ 12.9
Both have very favorable risk-reward ratios.
Gann Pivot Zone: Between 53,483–54,054 → Critical level for trend reversal or confirmation.
🚦 Trade Guidance
Aggressive Traders: Can enter on dips near 52,486 with tight SL (51,863).
Conservative Traders: Wait for price to hold above 54,054, then go long.
Trail SL as per structure; tighten above 56,000.
Watch for breakout confirmation above 56,080 (last high) for momentum continuation.
📊 Multi-Timeframe (MTF) Demand Zone Analysis – BANK NIFTY
Timeframe Price Action Proximal Distal Average Trade Zone
Yearly Demand Rally Base Rally 41,820 29,687 35,754 BUY
6M Demand Rally - Rally 41,820 38,613 40,217 BUY
Quarterly BUFL 48,450 46,077 47,264 BUY
Monthly Rally Base Rally 48,161 46,580 47,371 BUY
Weekly DMIP 52,063 50,742 51,403 BUY
Weekly SOE DMIP 54,054 53,483 53,769 BUY
🔮 GANN Analysis – Trend Confirmation
Signal Type Price Action Proximal Distal Avg Action
Long & Trail Above GANN 54,054 53,483 53,769 Stay Long
Short & Trail Below GANN 53,483 53,000 53,242 Stay Short
Entry # Entry Price SL Risk (pts) Target Last High Last Low
Entry 1 54,054 53,483 571 62,088 56,080 52,063
Entry 2 52,486 51,863 623 60,520 56,080 52,063
🔍 Insights & Strategy
Trend Alignment: All major MTFs and GANN analysis indicate a strong bullish bias.
Entry 1 (54054): Above GANN Long zone → Good for confirmation-based entry.
Entry 2 (52486): Closer to weekly DMIP zone → Attractive for re-entry on dips.
Risk Management:
Entry 1 RR = (62088 – 54054) / 571 ≈ 13.9
Entry 2 RR = (60520 – 52486) / 623 ≈ 12.9
Both have very favorable risk-reward ratios.
Gann Pivot Zone: Between 53,483–54,054 → Critical level for trend reversal or confirmation.
🚦 Trade Guidance
Aggressive Traders: Can enter on dips near 52,486 with tight SL (51,863).
Conservative Traders: Wait for price to hold above 54,054, then go long.
Trail SL as per structure; tighten above 56,000.
Watch for breakout confirmation above 56,080 (last high) for momentum continuation.
📊 Multi-Timeframe (MTF) Demand Zone Analysis – BANK NIFTY
Timeframe Price Action Proximal Distal Average Trade Zone
Yearly Demand Rally Base Rally 41,820 29,687 35,754 BUY
6M Demand Rally - Rally 41,820 38,613 40,217 BUY
Quarterly BUFL 48,450 46,077 47,264 BUY
Monthly Rally Base Rally 48,161 46,580 47,371 BUY
Weekly DMIP 52,063 50,742 51,403 BUY
Weekly SOE DMIP 54,054 53,483 53,769 BUY
🔮 GANN Analysis – Trend Confirmation
Signal Type Price Action Proximal Distal Avg Action
Long & Trail Above GANN 54,054 53,483 53,769 Stay Long
Short & Trail Below GANN 53,483 53,000 53,242 Stay Short
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.