🧾 Updated Trade Plan
🔹 ENTRY 1: Momentum Buy near Daily Demand
Parameter Value
Entry 24,767
Stop Loss 24,180
Risk 587 pts
Target 30,471
RR Ratio ~1:5.2
Context At Daily Demand DMIP, but inside Weekly Supply → BUT IS ALREADY SWAP SO RISK IS MINIMAL
🔹 ENTRY 2: Precision Re-entry at Lower Daily Demand Edge
Parameter Value
Entry 24,164
Stop Loss 23,935
Risk 229 pts
Target 30,961
RR Ratio ~1:6.8
Context Lower edge of Daily DMIP + close to Weekly Short Trail (23,601) — Ideal pullback buy zone.
✅ Key Observations & Strategy
Criteria Assessment
MTF Demand Support ✅ Strong across all TFs
GANN Support Active ✅ Above 23,641
Weekly Supply Pressure ⚠️ Moderate
Entry 1 Risk (24,767) ⚠️ High – near resistance
Entry 2 Risk (24,164) ✅ Lower risk & strong RR
Ideal Strategy Scale in via Entry 2; trail aggressively if Entry 1 is taken
📌 Suggested Execution Plan
Aggressive Traders:
Enter at 24,767
SL: 24,180
Keep tight trail near 25,100–25,300
Positional / Safer Traders:
Wait for pullback to 24,164
SL: 23,935
Excellent RR; aligns with GANN long trail zone
Avoid Shorts unless price closes below 23,601, breaking structure + GANN support.
📊 NIFTY Multi-Timeframe Demand Zones
Timeframe Price Action Proximal Distal Average Trade Zone
Yearly Rally-Base-Rally 18,887 15,183 17,035 ✅ BUY
Half-Yearly Rally-Rally 21,801 18,837 20,319 ✅ BUY
Quarterly BUFL RBR 22,526 21,137 21,832 ✅ BUY
Monthly RBR 23,110 21,137 22,124 ✅ BUY
Weekly Demand DMIP 22,180 21,710 21,945 ✅ BUY
Weekly Supply SOE Engulfed 24,589 24,054 24,322 ⚠️ Supply
Daily Demand DMIP (LHS) 24,767 24,535 24,651 ✅ BUY
✅ Overall trend: MTF Bullish
⚠️ Current zone is within Weekly Supply — may cause temporary resistance.
🧮 GANN Key Levels
Signal Type Proximal Distal Average Action
Stay Long Above 23,870 23,412 23,641 ✅ Active
Stay Short Below 23,400 23,641 23,521 ❌ Not active
Current Short Trail 23,601 – – Below this = short bias
✅ Current price > 23,641 = GANN supports long trades.
🔹 ENTRY 1: Momentum Buy near Daily Demand
Parameter Value
Entry 24,767
Stop Loss 24,180
Risk 587 pts
Target 30,471
RR Ratio ~1:5.2
Context At Daily Demand DMIP, but inside Weekly Supply → BUT IS ALREADY SWAP SO RISK IS MINIMAL
🔹 ENTRY 2: Precision Re-entry at Lower Daily Demand Edge
Parameter Value
Entry 24,164
Stop Loss 23,935
Risk 229 pts
Target 30,961
RR Ratio ~1:6.8
Context Lower edge of Daily DMIP + close to Weekly Short Trail (23,601) — Ideal pullback buy zone.
✅ Key Observations & Strategy
Criteria Assessment
MTF Demand Support ✅ Strong across all TFs
GANN Support Active ✅ Above 23,641
Weekly Supply Pressure ⚠️ Moderate
Entry 1 Risk (24,767) ⚠️ High – near resistance
Entry 2 Risk (24,164) ✅ Lower risk & strong RR
Ideal Strategy Scale in via Entry 2; trail aggressively if Entry 1 is taken
📌 Suggested Execution Plan
Aggressive Traders:
Enter at 24,767
SL: 24,180
Keep tight trail near 25,100–25,300
Positional / Safer Traders:
Wait for pullback to 24,164
SL: 23,935
Excellent RR; aligns with GANN long trail zone
Avoid Shorts unless price closes below 23,601, breaking structure + GANN support.
📊 NIFTY Multi-Timeframe Demand Zones
Timeframe Price Action Proximal Distal Average Trade Zone
Yearly Rally-Base-Rally 18,887 15,183 17,035 ✅ BUY
Half-Yearly Rally-Rally 21,801 18,837 20,319 ✅ BUY
Quarterly BUFL RBR 22,526 21,137 21,832 ✅ BUY
Monthly RBR 23,110 21,137 22,124 ✅ BUY
Weekly Demand DMIP 22,180 21,710 21,945 ✅ BUY
Weekly Supply SOE Engulfed 24,589 24,054 24,322 ⚠️ Supply
Daily Demand DMIP (LHS) 24,767 24,535 24,651 ✅ BUY
✅ Overall trend: MTF Bullish
⚠️ Current zone is within Weekly Supply — may cause temporary resistance.
🧮 GANN Key Levels
Signal Type Proximal Distal Average Action
Stay Long Above 23,870 23,412 23,641 ✅ Active
Stay Short Below 23,400 23,641 23,521 ❌ Not active
Current Short Trail 23,601 – – Below this = short bias
✅ Current price > 23,641 = GANN supports long trades.
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.