Bank Nifty Buy Swing Setup

Entry Reason:
The primary reason for this trade is the respect of a key trendline observed on the higher time frame, indicating strong support at current levels. Additionally, based on internal market structure and my personal analysis, the price action suggests bullish momentum. The recent consolidation further strengthens the likelihood of an upside breakout.

Stop Loss:
A 500 to 1000 point stop loss has been placed to manage risk effectively. This level accounts for potential minor pullbacks without invalidating the overall bullish setup.

Target:
Given the trendline respect and market dynamics, a minimum upside of 1500 points is expected, offering an attractive risk-to-reward ratio of 2:1 or better.

Conclusion:
This trade is based on a combination of technical analysis (trendline respect) and personal observation of internal price action behavior. The setup offers a well-defined risk with significant upside potential.