🔎 Multi-Timeframe (MTF/ITF) Analysis
HTF (Yearly–Quarterly): Strong UP trend, with average demand zone 9,007 – 11,137 (avg ~10,072).
MTF (Monthly–Daily): All UP trends. Current active demand cluster is 16,470 – 17,287.
ITF (Intraday 240m/180m/60m): Confirming demand at 16,470 – 16,878.
📌 Observation: All higher and lower frames are aligned UP, so bias remains bullish. Minor supply only seen near 18,100, but overall structure supports continuation higher.
📈 Trade Setup (Planned)
Entry: 17,287
Stop Loss (SL): 16,470
Target: 24,202
Last High: 19,117
Risk (per share): 817 (~5%)
Reward (per share): 6,915 (~40%)
💰 Risk–Reward & ROI
Risk–Reward Ratio (RR): ~8.46 → excellent setup
Position Size: 200 shares
Total Buy Value: ₹34.57 Lakh
Loss (if SL hit): ~₹1.63 Lakh (net ~₹1.80 Lakh incl. costs)
Profit (if Target hit): ~₹13.83 Lakh (net ~₹13.66 Lakh)
Net RR after costs: ~7.57
Expected ROI (if target in 4 months): ~107%
⚖️ Key Levels
Demand Zones (Buyers active):
Major: 16,470 – 16,878 (confirmed on daily/ITF)
Secondary: 12,202 (last low)
Supply/Resistance Zones:
Minor: 18,100
Major: 24,200 (Target zone)
✅ Summary:
This is a high-probability long trade on DIXON. All MTF & ITF frames align bullish, with demand well-protected around 16.5k–16.8k. The reward is significantly higher than the risk, with a strong RR > 7.5.
⚠️ The only caution: minor supply at 18,100 may cause short-term consolidation before the breakout toward 24,200.
HTF (Yearly–Quarterly): Strong UP trend, with average demand zone 9,007 – 11,137 (avg ~10,072).
MTF (Monthly–Daily): All UP trends. Current active demand cluster is 16,470 – 17,287.
ITF (Intraday 240m/180m/60m): Confirming demand at 16,470 – 16,878.
📌 Observation: All higher and lower frames are aligned UP, so bias remains bullish. Minor supply only seen near 18,100, but overall structure supports continuation higher.
📈 Trade Setup (Planned)
Entry: 17,287
Stop Loss (SL): 16,470
Target: 24,202
Last High: 19,117
Risk (per share): 817 (~5%)
Reward (per share): 6,915 (~40%)
💰 Risk–Reward & ROI
Risk–Reward Ratio (RR): ~8.46 → excellent setup
Position Size: 200 shares
Total Buy Value: ₹34.57 Lakh
Loss (if SL hit): ~₹1.63 Lakh (net ~₹1.80 Lakh incl. costs)
Profit (if Target hit): ~₹13.83 Lakh (net ~₹13.66 Lakh)
Net RR after costs: ~7.57
Expected ROI (if target in 4 months): ~107%
⚖️ Key Levels
Demand Zones (Buyers active):
Major: 16,470 – 16,878 (confirmed on daily/ITF)
Secondary: 12,202 (last low)
Supply/Resistance Zones:
Minor: 18,100
Major: 24,200 (Target zone)
✅ Summary:
This is a high-probability long trade on DIXON. All MTF & ITF frames align bullish, with demand well-protected around 16.5k–16.8k. The reward is significantly higher than the risk, with a strong RR > 7.5.
⚠️ The only caution: minor supply at 18,100 may cause short-term consolidation before the breakout toward 24,200.
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.