SBIN — CONSOLIDATED MTF TRADE PLAN
Trade architecture
Entry 1: ₹991
Entry 2: ₹961
Average Entry: ₹976
SL: ₹933
Target: ₹1,164
At ₹976 average:
Risk: ₹43/share
Reward: ₹188/share
Gross RR: 4.37 : 1
Last high: ₹1,121
Target ₹1,164 requires a breakout beyond the previous high, so ₹1,121 is the first major confirmation/resistance point.
SBIN has a clear bullish alignment across HTF, MTF and ITF. The strongest technical feature is the repeated ₹940–₹961 demand zone appearing on Weekly, Daily, 240M, 180M and 60M.
Structure: HTF UP → MTF UP → ITF UP
Primary demand: ₹940–₹961
Key Gann level: ₹950
Breakout confirmation: ₹991
Invalidation: ₹933
Trade: Accumulate around ₹950–₹961, with ₹976 as the planned average entry. The ₹991 level should be treated more as confirmation than as the preferred fresh entry because risk increases above the demand zone.
From ₹976, risk to ₹933 is ₹43/share, while the primary target at ₹1,164 offers ₹188/share, giving approximately 4.37:1 price RR.
The trade should be managed in stages: ₹991 → ₹1,121 → ₹1,164. ₹1,121 is particularly important because it is the previous high; a sustained break above it strengthens the case for ₹1,164 and potentially the larger trend level at ₹1,234.
Bottom line:
₹940–₹961 = demand/accumulation zone | ₹950 = key reaction price | ₹970–₹991 = strength confirmation | ₹933 = hard invalidation | ₹1,121 = first major hurdle | ₹1,164 = primary target | ₹1,234 = extension.
The ₹940–₹961 multi-timeframe confluence is the core reason for the trade. Above ₹933, the bullish structure remains valid; below ₹933, the MTF setup should be considered invalid.
Trade architecture
Entry 1: ₹991
Entry 2: ₹961
Average Entry: ₹976
SL: ₹933
Target: ₹1,164
At ₹976 average:
Risk: ₹43/share
Reward: ₹188/share
Gross RR: 4.37 : 1
Last high: ₹1,121
Target ₹1,164 requires a breakout beyond the previous high, so ₹1,121 is the first major confirmation/resistance point.
SBIN has a clear bullish alignment across HTF, MTF and ITF. The strongest technical feature is the repeated ₹940–₹961 demand zone appearing on Weekly, Daily, 240M, 180M and 60M.
Structure: HTF UP → MTF UP → ITF UP
Primary demand: ₹940–₹961
Key Gann level: ₹950
Breakout confirmation: ₹991
Invalidation: ₹933
Trade: Accumulate around ₹950–₹961, with ₹976 as the planned average entry. The ₹991 level should be treated more as confirmation than as the preferred fresh entry because risk increases above the demand zone.
From ₹976, risk to ₹933 is ₹43/share, while the primary target at ₹1,164 offers ₹188/share, giving approximately 4.37:1 price RR.
The trade should be managed in stages: ₹991 → ₹1,121 → ₹1,164. ₹1,121 is particularly important because it is the previous high; a sustained break above it strengthens the case for ₹1,164 and potentially the larger trend level at ₹1,234.
Bottom line:
₹940–₹961 = demand/accumulation zone | ₹950 = key reaction price | ₹970–₹991 = strength confirmation | ₹933 = hard invalidation | ₹1,121 = first major hurdle | ₹1,164 = primary target | ₹1,234 = extension.
The ₹940–₹961 multi-timeframe confluence is the core reason for the trade. Above ₹933, the bullish structure remains valid; below ₹933, the MTF setup should be considered invalid.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.