SHARDA CROPCHEM

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SHARDA CROPCHEMSharda Cropchem Ltd.NSE:SHARDACROPpradyammm🔎 Multi Timeframe (MTF) Analysis HTF (High Timeframe): Yearly, Half-Yearly, Quarterly → All in UP trend with demand zones between 99 – 637. Average Demand Zone: Proximal 475 | Distal 287 | Avg 381 MTF (Medium Timeframe): Monthly, Weekly, Daily → All in UP trend with demand zones clustered around 775 – 860. Average: Proximal 840 | Distal 775 | Avg 808 ITF (Intraday Timeframe): 240M, 180M, 60M → All in UP trend with demand zones near 775 – 832. Average: Proximal 821 | Distal 775 | Avg 798 ✅ Overall alignment: All timeframes showing UP trend. Strong bullish confluence across HTF–MTF–ITF. 📌 Trade Points Entry-1: 815 Stop Loss (SL): 775 Risk: 40 points Reward (Target): 406 points Target as per Entry: 1221 Last High: 1181 RR (Reward/Risk): 10.15 💰 Trade Plan (Qty: 1000) Capital Used: ₹ 8,15,000 Brokerage & Taxes: ~0.49% (₹3,995) Profit if Target Hit: ₹4,06,000 Net Profit (after costs): ₹4,02,005 Loss if SL Hits: ₹40,000 Net Loss (after costs): ₹43,995 Net Risk-Reward (RR): 9.14 📊 Interpretation This setup has a very high RR (9.14), meaning the potential reward significantly outweighs the risk. Strong multi-timeframe demand zone alignment suggests a high-probability bullish setup. Key levels to watch: Support Zone: 775 – 815 (entry & SL cluster) Resistance Zone: 1181 – 1221 (last high & projected target) ✅ In summary: This is a bullish high-RR trade setup with strong confluence across all timeframes. Entry near 815 is justified with a protective SL at 775, targeting 1221.