🧩 Trade Setup – BUY YES BANK
Component Value
Entry Price 18.4
Stop Loss (SL) 16
Risk 2
Reward 17
Target 35
Risk-Reward (RR) 7.1
Last High 33
Last Low 16
✅ Key Insights
All timeframes confirm an uptrend — increasing probability of bullish continuation.
Strong demand zone clustering around 18 supports your entry.
Target 35 is just above the last high of 33 — a realistic and ambitious level.
The MTF alignment (DMIP/BUFL/Support) adds further conviction.
SL of 16 is near the last low — well-placed and technically sound.
💡 Suggestions:
Watch 18.4–17.9 zone: It’s a demand-rich price band across Daily, ITF, and Weekly timeframes — great for adding positions or trailing.
If price nears 33–35 zone quickly, consider partial booking and adjust SL to cost or profit.
For scaling in, another entry closer to 17.8 can improve RR further.
📊 Multi-Timeframe (MTF) Technical Summary
🔷 High Timeframe (HTF)
Period Trend Demand Zone Type Proximal Distal Average
Yearly UP BUFL 29.74 23.3 27
Half-Yearly UP DMIP 29.74 8.0 19
Quarterly UP BUFL + DMIP 31.13 24.2 28
HTF Avg UP – 30 19 24
🔷 Medium Timeframe (MTF)
Period Trend Demand Zone Proximal Distal Avg
Monthly UP DMIP 11.25 8.12 10
Weekly UP DMIP 18.4 17.6 18
Daily UP DMIP + Support 18.4 17.6 18
MTF Avg UP – 16 14 15
🔷 Intraday Timeframe (ITF)
Timeframe Trend Demand Zone Proximal Distal Avg
240M UP BUFL 18.40 17.60 18.00
180M UP BUFL 18.00 17.80 17.90
60M UP BUFL 18.00 17.80 17.90
ITF Avg UP – 18.13 17.73 17.93
Component Value
Entry Price 18.4
Stop Loss (SL) 16
Risk 2
Reward 17
Target 35
Risk-Reward (RR) 7.1
Last High 33
Last Low 16
✅ Key Insights
All timeframes confirm an uptrend — increasing probability of bullish continuation.
Strong demand zone clustering around 18 supports your entry.
Target 35 is just above the last high of 33 — a realistic and ambitious level.
The MTF alignment (DMIP/BUFL/Support) adds further conviction.
SL of 16 is near the last low — well-placed and technically sound.
💡 Suggestions:
Watch 18.4–17.9 zone: It’s a demand-rich price band across Daily, ITF, and Weekly timeframes — great for adding positions or trailing.
If price nears 33–35 zone quickly, consider partial booking and adjust SL to cost or profit.
For scaling in, another entry closer to 17.8 can improve RR further.
📊 Multi-Timeframe (MTF) Technical Summary
🔷 High Timeframe (HTF)
Period Trend Demand Zone Type Proximal Distal Average
Yearly UP BUFL 29.74 23.3 27
Half-Yearly UP DMIP 29.74 8.0 19
Quarterly UP BUFL + DMIP 31.13 24.2 28
HTF Avg UP – 30 19 24
🔷 Medium Timeframe (MTF)
Period Trend Demand Zone Proximal Distal Avg
Monthly UP DMIP 11.25 8.12 10
Weekly UP DMIP 18.4 17.6 18
Daily UP DMIP + Support 18.4 17.6 18
MTF Avg UP – 16 14 15
🔷 Intraday Timeframe (ITF)
Timeframe Trend Demand Zone Proximal Distal Avg
240M UP BUFL 18.40 17.60 18.00
180M UP BUFL 18.00 17.80 17.90
60M UP BUFL 18.00 17.80 17.90
ITF Avg UP – 18.13 17.73 17.93
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.