On both the 5-min and 10-min timeframes, price is approaching key liquidity zones.
Here’s the breakdown:
🔹 Liquidity Pools:
Buyers trapped above ₹1,588 – ₹1,592 (supply zone marked in red).
Strong liquidity resting near ₹1,552 – ₹1,547 demand block.
🔹 Entry Levels:
Aggressive entry: Near ₹1,564 – ₹1,560 (demand touch).
Safer entry: Wait for liquidity sweep near ₹1,552 – ₹1,547 and confirmation.
🔹 Targets:
TP1: ₹1,576
TP2: ₹1,584
TP3: ₹1,592
⚠️ Bias: Short-term bullish retracement, but broader structure still under pressure. Manage risk with stops below ₹1,547.
Here’s the breakdown:
🔹 Liquidity Pools:
Buyers trapped above ₹1,588 – ₹1,592 (supply zone marked in red).
Strong liquidity resting near ₹1,552 – ₹1,547 demand block.
🔹 Entry Levels:
Aggressive entry: Near ₹1,564 – ₹1,560 (demand touch).
Safer entry: Wait for liquidity sweep near ₹1,552 – ₹1,547 and confirmation.
🔹 Targets:
TP1: ₹1,576
TP2: ₹1,584
TP3: ₹1,592
⚠️ Bias: Short-term bullish retracement, but broader structure still under pressure. Manage risk with stops below ₹1,547.
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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.