Price is consolidating inside a strong demand zone around ₹67–70. A bounce from this zone can offer a clean swing setup.
📌 Entry (Educational Idea):
Above ₹76 (close above the 0.786 retracement level)
Confirms strength and rejection from demand.
📌 Stop-Loss (SL):
Below ₹67 (close below the demand zone invalidates the setup)
📌 Targets:
T1: ₹85
T2: ₹94
T3: ₹107 (0.5 retracement zone)
📌 View:
As long as the demand zone holds, price can attempt a reversal structure. Break below ₹67 = weakness.
⚠️ Disclaimer
This is only for educational and informational purposes. I am not a SEBI-registered research analyst.
Regards
Bull Man
📌 Entry (Educational Idea):
Above ₹76 (close above the 0.786 retracement level)
Confirms strength and rejection from demand.
📌 Stop-Loss (SL):
Below ₹67 (close below the demand zone invalidates the setup)
📌 Targets:
T1: ₹85
T2: ₹94
T3: ₹107 (0.5 retracement zone)
📌 View:
As long as the demand zone holds, price can attempt a reversal structure. Break below ₹67 = weakness.
⚠️ Disclaimer
This is only for educational and informational purposes. I am not a SEBI-registered research analyst.
Regards
Bull Man
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.