Trading Plan
Bullish Scenario
Buy only if price closes above ₹4,680 on the 1-hour chart.
Targets:
₹4,700
₹4,725
₹4,750
Stop Loss: ₹4,640
Pullback Buy
If price retraces to ₹4,638–4,610 and forms a bullish reversal candle, it offers a better risk-reward entry.
Stop Loss: Below ₹4,580.
Bearish Scenario
If price breaks and closes below ₹4,605, expect a move toward:
₹4,580
₹4,545
Price Structure
✅ Higher Highs: Yes
✅ Higher Lows: Yes
✅ Momentum: Positive
⚠️ Price is near resistance, so a breakout confirmation is preferable to chasing.
Probability
Bullish continuation: 70%
Range/Consolidation: 20%
Bearish reversal: 10% (unless ₹4,605 is broken decisively)
Levels to Draw on TradingView
🔴 Resistance 2: ₹4,700
🔴 Resistance 1: ₹4,680
🟢 Support 1: ₹4,640
🟢 Support 2: ₹4,605
🟢 Major Support: ₹4,580
🟢 Trend Stop: ₹4,545
Overall, the chart remains constructively bullish. The key decision point is ₹4,680: a strong breakout above it could open the way toward ₹4,725–₹4,750, while failure and a break below ₹4,605 would shift the short-term outlook to neutral or bearish.
Bullish Scenario
Buy only if price closes above ₹4,680 on the 1-hour chart.
Targets:
₹4,700
₹4,725
₹4,750
Stop Loss: ₹4,640
Pullback Buy
If price retraces to ₹4,638–4,610 and forms a bullish reversal candle, it offers a better risk-reward entry.
Stop Loss: Below ₹4,580.
Bearish Scenario
If price breaks and closes below ₹4,605, expect a move toward:
₹4,580
₹4,545
Price Structure
✅ Higher Highs: Yes
✅ Higher Lows: Yes
✅ Momentum: Positive
⚠️ Price is near resistance, so a breakout confirmation is preferable to chasing.
Probability
Bullish continuation: 70%
Range/Consolidation: 20%
Bearish reversal: 10% (unless ₹4,605 is broken decisively)
Levels to Draw on TradingView
🔴 Resistance 2: ₹4,700
🔴 Resistance 1: ₹4,680
🟢 Support 1: ₹4,640
🟢 Support 2: ₹4,605
🟢 Major Support: ₹4,580
🟢 Trend Stop: ₹4,545
Overall, the chart remains constructively bullish. The key decision point is ₹4,680: a strong breakout above it could open the way toward ₹4,725–₹4,750, while failure and a break below ₹4,605 would shift the short-term outlook to neutral or bearish.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Related publications
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.
Hye Guys,Welcome to a professional trading journey built on precision, discipline, and smart money concepts.
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
📞 Phone: +91 93159 78955
💬 WhatsApp: wa.link/kdkejz
📩 Contact Mail: globalwolfstreet@gmail.com
Related publications
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.