🟢 Price is currently in Monthly Power Play Demand Zone → A high-probability area for upside reversal.
🧠 Trade Setup
Entry-1: ₹6550 (near current price and within Daily Demand)
SL: ₹5787 (below strong ITF support & distal demand)
Target: ₹11,161
Risk: ₹763
Reward: ₹4611
Risk-Reward Ratio: ✅ 6.0 – Excellent
✅ Summary
Trend (All Timeframes): Strong UPTREND across MTF, HTF, and ITF
Price Action Location:
Currently in the Monthly Power Play Demand Zone
Supported by Weekly and Daily Demand clusters
Trend Across All Timeframes:
HTF (Yearly, Half-Yearly, Quarterly): ✅ UP
MTF (Monthly, Weekly, Daily): ✅ UP
ITF (60M, 180M, 240M): ✅ UP
📌 Conclusion: Strong bullish alignment across all timeframes.
📊 Demand Zone Analysis
Timeframe Proximal Distal Avg
HTF Avg 4736 4168 4452
MTF Avg 6128 5151 5640
ITF Avg 5936 5787 5862
Trade Zone 5600 5035 5318
⚠️ Key Notes
✅ All trends are aligned UP – High probability trade.
✅ Strong confluence of demand zones across timeframes.
⚠️ Price near last high of 9756 – watch for resistance.
✅ SL is well-protected below multiple demand zones (Daily, ITF).
✅ Target is aggressive but plausible based on RR and prior high momentum.
📌 Suggestions / Improvements
Partial Booking: Consider booking partial profit near 9750 (previous high) and trail remaining for 11161.
Entry Zone Consideration: If market pulls back, a better RR entry zone is near 5936–5787 (ITF avg demand).
Monitor Volume/Strength: Watch volume breakout near 9756—if weak, revisit target assumptions.
🧠 Trade Setup
Entry-1: ₹6550 (near current price and within Daily Demand)
SL: ₹5787 (below strong ITF support & distal demand)
Target: ₹11,161
Risk: ₹763
Reward: ₹4611
Risk-Reward Ratio: ✅ 6.0 – Excellent
✅ Summary
Trend (All Timeframes): Strong UPTREND across MTF, HTF, and ITF
Price Action Location:
Currently in the Monthly Power Play Demand Zone
Supported by Weekly and Daily Demand clusters
Trend Across All Timeframes:
HTF (Yearly, Half-Yearly, Quarterly): ✅ UP
MTF (Monthly, Weekly, Daily): ✅ UP
ITF (60M, 180M, 240M): ✅ UP
📌 Conclusion: Strong bullish alignment across all timeframes.
📊 Demand Zone Analysis
Timeframe Proximal Distal Avg
HTF Avg 4736 4168 4452
MTF Avg 6128 5151 5640
ITF Avg 5936 5787 5862
Trade Zone 5600 5035 5318
⚠️ Key Notes
✅ All trends are aligned UP – High probability trade.
✅ Strong confluence of demand zones across timeframes.
⚠️ Price near last high of 9756 – watch for resistance.
✅ SL is well-protected below multiple demand zones (Daily, ITF).
✅ Target is aggressive but plausible based on RR and prior high momentum.
📌 Suggestions / Improvements
Partial Booking: Consider booking partial profit near 9750 (previous high) and trail remaining for 11161.
Entry Zone Consideration: If market pulls back, a better RR entry zone is near 5936–5787 (ITF avg demand).
Monitor Volume/Strength: Watch volume breakout near 9756—if weak, revisit target assumptions.
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.