🎯 Trade Setups
ENTRY-1
Entry: 24,947
SL: 24,750
Target: 29,331
Risk: 197 pts
RRR: ~22.2:1
✅ Strong RRR, aligned with daily demand
ENTRY-2
Entry: 24,164
SL: 23,935
Target: 30,961
Risk: 229 pts
RRR: ~29.9:1
✅ Even better RRR, and sits within deeper Daily DMIP demand zone
📌 Key Insights
Structure: Bullish across all MTFs, no breakdown below major support.
Zone Strength: Repeated demand clusters around 23,935–24,947 strengthen conviction.
Trade Planning: Both entries offer excellent RRRs with manageable risk, especially Entry-2.
Action Near Supply: Watch the 24,700–24,900 area for rejection or breakout confirmation.
🧭 Suggested Strategy
If price sustains above 24,950: Long trades become active with Entry-1 logic.
If price dips to 24,164–23,935: Deploy Entry-2 plan for deep demand bounce.
Break below 23,935: Exit long bias; shift to neutral/wait for fresh demand formation.
✅ Multi-Timeframe (MTF) Demand Zone Analysis
Timeframe Proximal Distal Avg Zone Action
Yearly 18,887 15,183 17,035 BUY
6-Month 21,801 18,837 20,319 BUY
Quarterly 24,226 21,966 23,096 BUY
Monthly 25,116 23,935 24,526 BUY
Weekly 25,136 24,703 24,920 BUY
Daily (DMIP) 24,947 24,750 24,849 BUY
Daily (DMIP) 24,164 23,935 24,050 BUY
📌 Observation:
All major timeframes are aligned in Demand Zones, indicating a strong bullish structure unless the lower support (23,935–24,164) is decisively broken.
ENTRY-1
Entry: 24,947
SL: 24,750
Target: 29,331
Risk: 197 pts
RRR: ~22.2:1
✅ Strong RRR, aligned with daily demand
ENTRY-2
Entry: 24,164
SL: 23,935
Target: 30,961
Risk: 229 pts
RRR: ~29.9:1
✅ Even better RRR, and sits within deeper Daily DMIP demand zone
📌 Key Insights
Structure: Bullish across all MTFs, no breakdown below major support.
Zone Strength: Repeated demand clusters around 23,935–24,947 strengthen conviction.
Trade Planning: Both entries offer excellent RRRs with manageable risk, especially Entry-2.
Action Near Supply: Watch the 24,700–24,900 area for rejection or breakout confirmation.
🧭 Suggested Strategy
If price sustains above 24,950: Long trades become active with Entry-1 logic.
If price dips to 24,164–23,935: Deploy Entry-2 plan for deep demand bounce.
Break below 23,935: Exit long bias; shift to neutral/wait for fresh demand formation.
✅ Multi-Timeframe (MTF) Demand Zone Analysis
Timeframe Proximal Distal Avg Zone Action
Yearly 18,887 15,183 17,035 BUY
6-Month 21,801 18,837 20,319 BUY
Quarterly 24,226 21,966 23,096 BUY
Monthly 25,116 23,935 24,526 BUY
Weekly 25,136 24,703 24,920 BUY
Daily (DMIP) 24,947 24,750 24,849 BUY
Daily (DMIP) 24,164 23,935 24,050 BUY
📌 Observation:
All major timeframes are aligned in Demand Zones, indicating a strong bullish structure unless the lower support (23,935–24,164) is decisively broken.
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.