📈 Trade Setup
Parameter Value
Buy Entry ₹738
Stop Loss (SL) ₹670
Target ₹1,194
Risk ₹68
Reward ₹456
Risk:Reward 6.7 : 1
Last High: ₹797 — Once broken, can trigger fresh momentum.
Last Low: ₹400 — Previous strong base.
⚠️ Key Observations
Strong Weekly & Daily Demand just below current price (678–738) supports the buy zone.
Entry near BUFL zone → suggests breakout continuation.
High reward-to-risk ratio (6.7x) → Attractive setup.
If ₹797 (previous high) breaks with volume, the rally may accelerate toward ₹1,000+.
📌 Strategy
Entry: On price stability above ₹738 or on intraday retest with confirmation.
SL Discipline: Maintain tight SL at ₹670 (just below multiple demand zones).
Partial Booking: Consider at ₹900–950 before full target if volatility spikes.
🔍 Trend Overview
Timeframe Trend Demand Zone Avg Price
HTF (Yearly–Quarterly) UP 302–587 407
MTF (Daily–Monthly) UP 404–738 620
ITF (60M–240M) UP 670–698 686
Parameter Value
Buy Entry ₹738
Stop Loss (SL) ₹670
Target ₹1,194
Risk ₹68
Reward ₹456
Risk:Reward 6.7 : 1
Last High: ₹797 — Once broken, can trigger fresh momentum.
Last Low: ₹400 — Previous strong base.
⚠️ Key Observations
Strong Weekly & Daily Demand just below current price (678–738) supports the buy zone.
Entry near BUFL zone → suggests breakout continuation.
High reward-to-risk ratio (6.7x) → Attractive setup.
If ₹797 (previous high) breaks with volume, the rally may accelerate toward ₹1,000+.
📌 Strategy
Entry: On price stability above ₹738 or on intraday retest with confirmation.
SL Discipline: Maintain tight SL at ₹670 (just below multiple demand zones).
Partial Booking: Consider at ₹900–950 before full target if volatility spikes.
🔍 Trend Overview
Timeframe Trend Demand Zone Avg Price
HTF (Yearly–Quarterly) UP 302–587 407
MTF (Daily–Monthly) UP 404–738 620
ITF (60M–240M) UP 670–698 686
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.