NIFTY

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NIFTYNifty 50 IndexNSE:NIFTYpradyammm🎯 Trade Setups ENTRY-1 Entry: 24,947 SL: 24,750 Target: 29,331 Risk: 197 pts RRR: ~22.2:1 ✅ Strong RRR, aligned with daily demand ENTRY-2 Entry: 24,164 SL: 23,935 Target: 30,961 Risk: 229 pts RRR: ~29.9:1 ✅ Even better RRR, and sits within deeper Daily DMIP demand zone 📌 Key Insights Structure: Bullish across all MTFs, no breakdown below major support. Zone Strength: Repeated demand clusters around 23,935–24,947 strengthen conviction. Trade Planning: Both entries offer excellent RRRs with manageable risk, especially Entry-2. Action Near Supply: Watch the 24,700–24,900 area for rejection or breakout confirmation. 🧭 Suggested Strategy If price sustains above 24,950: Long trades become active with Entry-1 logic. If price dips to 24,164–23,935: Deploy Entry-2 plan for deep demand bounce. Break below 23,935: Exit long bias; shift to neutral/wait for fresh demand formation. ✅ Multi-Timeframe (MTF) Demand Zone Analysis TimeframeProximalDistalAvg ZoneAction Yearly18,88715,18317,035BUY 6-Month21,80118,83720,319BUY Quarterly24,22621,96623,096BUY Monthly25,11623,93524,526BUY Weekly25,13624,70324,920BUY Daily (DMIP)24,94724,75024,849BUY Daily (DMIP)24,16423,93524,050BUY 📌 Observation: All major timeframes are aligned in Demand Zones, indicating a strong bullish structure unless the lower support (23,935–24,164) is decisively broken.