LICI🎯 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.
