🎯 Trade Plan
Parameter Value
Entry ₹847
Stop Loss ₹727
Target ₹1332
Risk ₹121
Reward ₹485
Risk-Reward (RR) 4.0 — excellent
Last High ₹1200
Last Low ₹715
💡 Target is higher than previous high (₹1200), implying breakout-based target or Fibonacci extension logic.
📌 Key Insights
Entry at ₹847 is supported by all 3 ITF zones (240M, 180M, 60M) — ideal institutional footprint.
SL at ₹727 is below the weekly distal (₹715), giving it enough buffer below structure.
RR of 4.0 means high reward for the defined risk — strong trade justification.
Target ₹1332 is nearly 11% above the previous high, hinting at a positional breakout play.
🧠 Your Setup Summary
This is a high-conviction trend-following breakout trade.
All timeframes show bullish momentum with deep institutional footprints (BUFL + DMIP).
You’re buying right on multiple timeframe demand convergence.
Excellent SL structure and high RR mean risk is well-defined and reward potential is high.
✅ Overall Trend: UP
Across HTF, MTF, and ITF, LICI is in a strong uptrend — suggesting bullish strength across all timeframes.
📊 Multi-Timeframe Demand Zones
Timeframe Proximal Distal Avg Demand Zone Logic
HTF Avg (Yearly, Half-Yearly, Qtrly) 723 606 664 BUFL/DMIP
MTF Avg (Monthly, Weekly, Daily) 770 734 752 Rally Rally + DMIP
ITF Avg (240M, 180M, 60M) 847 840 843.50 BUFL
🔹 Note: Proximal zones are closer supports, distal are further supports. Price at ₹847 sits exactly at ITF Proximal zone, giving a strong low-risk entry.
Parameter Value
Entry ₹847
Stop Loss ₹727
Target ₹1332
Risk ₹121
Reward ₹485
Risk-Reward (RR) 4.0 — excellent
Last High ₹1200
Last Low ₹715
💡 Target is higher than previous high (₹1200), implying breakout-based target or Fibonacci extension logic.
📌 Key Insights
Entry at ₹847 is supported by all 3 ITF zones (240M, 180M, 60M) — ideal institutional footprint.
SL at ₹727 is below the weekly distal (₹715), giving it enough buffer below structure.
RR of 4.0 means high reward for the defined risk — strong trade justification.
Target ₹1332 is nearly 11% above the previous high, hinting at a positional breakout play.
🧠 Your Setup Summary
This is a high-conviction trend-following breakout trade.
All timeframes show bullish momentum with deep institutional footprints (BUFL + DMIP).
You’re buying right on multiple timeframe demand convergence.
Excellent SL structure and high RR mean risk is well-defined and reward potential is high.
✅ Overall Trend: UP
Across HTF, MTF, and ITF, LICI is in a strong uptrend — suggesting bullish strength across all timeframes.
📊 Multi-Timeframe Demand Zones
Timeframe Proximal Distal Avg Demand Zone Logic
HTF Avg (Yearly, Half-Yearly, Qtrly) 723 606 664 BUFL/DMIP
MTF Avg (Monthly, Weekly, Daily) 770 734 752 Rally Rally + DMIP
ITF Avg (240M, 180M, 60M) 847 840 843.50 BUFL
🔹 Note: Proximal zones are closer supports, distal are further supports. Price at ₹847 sits exactly at ITF Proximal zone, giving a strong low-risk 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.