🔹 Trade Setup Summary
Trade Type: Buy (Long)
Entry: ₹278
Stop Loss (SL): ₹258
Target: ₹485
Risk: ₹20
Reward: ₹207
Risk-Reward Ratio (RR): 10.4:1
Last High: ₹366
Last Low: ₹247
✅ All timeframes are UPTREND
✅ Entry at ₹278 is inside strong demand zones
✅ SL ₹258 is well protected by zone boundaries
✅ Target ₹485 is ambitious but realistic in trend continuation
🔹 Why This Trade Works
📊 All trends are UP – from yearly to 60-min.
💪 Strong support between ₹277–278, where price is likely to bounce.
🎯 Target is above previous high (₹366) – next leg of uptrend.
🛡️ Risk is limited (₹20) with a very high reward potential (₹207).
🔹 Clear Strategy
Action Price Reason
Buy ₹278 Inside monthly/weekly/daily demand zone
Stop Loss ₹258 Below all key demand zones
Target ₹485 Swing target based on trend & breakout
🔹 Zone Analysis (Multi-Timeframe Demand Zones)
Timeframe Zone (Proximal – Distal) Zone Avg Remarks
Yearly 240 – 153 197 Strong long-term base
Half-Yearly 240 – 226 233 Long-term support
Quarterly 298 – 226 262 Deep demand, includes entry
Monthly 299 – 257 278 Entry matches exact average
Weekly 278 – 258 268 Entry + SL inside this zone
Daily 285 – 277 281 Strong recent demand
Intraday 285 – 277 281 Multiple overlaps here
Trade Type: Buy (Long)
Entry: ₹278
Stop Loss (SL): ₹258
Target: ₹485
Risk: ₹20
Reward: ₹207
Risk-Reward Ratio (RR): 10.4:1
Last High: ₹366
Last Low: ₹247
✅ All timeframes are UPTREND
✅ Entry at ₹278 is inside strong demand zones
✅ SL ₹258 is well protected by zone boundaries
✅ Target ₹485 is ambitious but realistic in trend continuation
🔹 Why This Trade Works
📊 All trends are UP – from yearly to 60-min.
💪 Strong support between ₹277–278, where price is likely to bounce.
🎯 Target is above previous high (₹366) – next leg of uptrend.
🛡️ Risk is limited (₹20) with a very high reward potential (₹207).
🔹 Clear Strategy
Action Price Reason
Buy ₹278 Inside monthly/weekly/daily demand zone
Stop Loss ₹258 Below all key demand zones
Target ₹485 Swing target based on trend & breakout
🔹 Zone Analysis (Multi-Timeframe Demand Zones)
Timeframe Zone (Proximal – Distal) Zone Avg Remarks
Yearly 240 – 153 197 Strong long-term base
Half-Yearly 240 – 226 233 Long-term support
Quarterly 298 – 226 262 Deep demand, includes entry
Monthly 299 – 257 278 Entry matches exact average
Weekly 278 – 258 268 Entry + SL inside this zone
Daily 285 – 277 281 Strong recent demand
Intraday 285 – 277 281 Multiple overlaps here
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.