BANK NIFTYNifty Bank IndexNSE:BANKNIFTYpradyammm📈 Trade Setup Details 🔹 Trade Plan 1 (MTF-Based Entry) MetricValue Entry56,223 Stop Loss55,475 Risk748 pts Target63,232 Reward7,009 pts Risk:Reward1:9.4 🔸 Comment: A high RR setup using the Daily DMIP zone. Ideal for trend continuation if price respects 55,780–56,223 range. 🔹 Trade Plan 2 (Deep Pullback Entry - ITF Zone) MetricValue Entry54,054 Stop Loss53,483 Risk571 pts Target61,819 Reward7,765 pts Risk:Reward1:13.6 🔸 Comment: An aggressive RR trade if price retraces. Very favorable for swing traders anticipating bounce from deeper ITF demand zone. 🧭 Technical Landmarks Key LevelValue Last High55,467 Last Low47,702 Point Range7,765 🧠 Strategic Notes Bias: Strong Bullish. Preferred Entry: If price reacts bullishly at 56,223, can trigger first trade. If market dips, watch 54,054 for second trade. Stop Loss Discipline: Clearly placed with low drawdown. Trend Confirmation: All HTF zones are bullish, adding confidence to long entries. 🔍 Multi-Timeframe (MTF) Analysis Summary TimeframeTrendZone TypeProximalDistalAverage YearlyUPRally-Base-Rally54,46744,42949,448 Half-YearlyUPBUFL54,46749,65452,061 QuarterlyUPRally-Base-Rally54,46749,15651,812 HTF Avg.UP54,46747,74651,107 | Monthly | UP | Rally-Base-Rally | 55,875 | 53,483 | 54,679 | | Weekly | UP | Rally-Base-Rally | 56,328 | 55,381 | 55,855 | | Daily | UP | DMIP (BUFL) | 56,223 | 55,780 | 56,002 | | MTF Avg. | UP | | 56,142 | 54,881 | 55,512 | | 240m | UP | DMIP | 55,942 | 55,475 | 55,709 | | 180m | UP | DMIP | 55,597 | 55,475 | 55,536 | | 60m | UP | DMIP | 55,597 | 55,475 | 55,536 | | ITF Avg. | UP | | 55,712 | 55,475 | 55,594 | ✅ Conclusion: All timeframes are bullish, with higher highs and strong demand zones developing across MTF and ITF — indicating a clear uptrend continuation structure.