ICRA📌 Trade Setup Summary
Parameter Value
Trade Type Positional BUY
Entry ₹6,570
Stop Loss ₹6,051
Risk ₹519
Target ₹10,455
Reward ₹3,885
Risk:Reward 7.5x
Last High ₹7,735
Last Low ₹5,015
✅ Why This Trade Works
🔹 Strong Multi-Timeframe Confluence: Entry lies in Weekly + Daily demand zone.
🔹 Fresh Institutional Demand at ₹6,051–₹6,570 (aligned across MTF and ITF).
🔹 Quarterly Breakout aligns with prior HTF zone, confirming momentum.
🔹 Aggressive R:R Ratio of 7.5x makes this a high reward trade with limited risk.
🔹 Breakout Retest Structure: Price action suggests demand revisit post breakout – ideal accumulation zone.
⚙️ Execution Plan
Entry Trigger: Between ₹6,520–₹6,570 with volume confirmation.
SL Below: ₹6,050 (just under daily/weekly demand zone).
Initial Target: ₹7,735 (Previous High).
Final Target: ₹10,455 (Extension projection).
SL Trailing: Start trailing post ₹7,400 for capital protection.
🚨 Risk Control & Entry Filter
Avoid entering on a gap-up candle >2%.
Watch for tight consolidation between ₹6,450–₹6,570.
Exit immediately if price breaks and sustains below ₹6,000 on high volume.
🏁 Conclusion
ICRA offers a premium high-conviction long opportunity with trend confirmation across all major timeframes, a low-risk entry near MTF + ITF demand clusters, and a clean 7.5:1 risk-reward setup. Excellent for swing/positional traders eyeing structured, institutional-grade setups.
🔷 ICRA – Multi-Timeframe Demand-Based Trade Plan (Refined)
🔹 Market Structure & Technical Alignment
Timeframe Trend Zone Type Demand Zone (₹) Avg Price
Yearly UP BUFL + Breakout 4699 – 4275 4487
Half-Yearly UP BUFL + Breakout 4699 – 4275 4487
Quarterly UP BUFL + Breakout 6450 – 4983 5717
HTF Avg UP — 5283 – 4511 4897
| Monthly | UP | BUFL | 5909 – 5015 | 5462 |
| Weekly | UP | BUFL & Swap | 6570 – 6051 | 6311 |
| Daily | UP | BUFL / DMIP | 6570 – 6051 | 6311 |
| MTF Avg | UP | — | 6350 – 5706 | 6028 |
| 60M/180M/240M | UP | DMIP | 6570 – 6426 | 6498 |
