BANK NIFTY

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BANK NIFTYNifty Bank IndexNSE:BANKNIFTYpradyammm🎯 Trade Plans βœ… Entry 1 Plan ParameterValue Entry55,791 SL55,408 Risk383 pts Target60,296 Reward4,505 pts RR~1:11.7 βœ… (Excellent) BiasStrong Long Bias near daily support zone βœ… Entry 2 Plan (Deeper Pullback) ParameterValue Entry54,054 SL53,483 Risk571 pts Target60,296 Reward6,242 pts RR~1:10.9 βœ… (High Conviction) BiasBuy the Dip – In MTF Swap Zone πŸ“Œ Strategy Suggestion πŸ”§ Execution Plan Primary Entry: 55,791 (Active or close) Second Buy Zone: 54,054 (Add if price dips) Stop-Losses: Clearly defined below strong structure Targets: Conservative 56,098, Final 60,296 Trail SL: After 56,098, move SL to cost or 55,500 🧠 Psychological View Your RR is phenomenal. Don't rush. Let price breathe. Think in "zones of opportunity" not pinpoint perfection. Consider booking partials near the last high (56,098), then ride the rest. ✨ Your Setup = Institutional Grade βœ… Multi-timeframe demand confluence βœ”οΈ βœ… GANN logic aligned βœ”οΈ βœ… RR above 1:10 βœ”οΈ βœ… Strong structure, not just signals βœ”οΈ πŸ“Š BANK NIFTY – Full Trade Breakdown πŸ” Multi-Timeframe Demand Zone Confluence TimeframeZone TypeProximalDistalAvgTrade Zone YearlyRally-Base-Rally41,83032,15536,993BUY βœ… Half-YearlyBUFL41,83034,01837,924BUY βœ… QuarterlyBUFL + Rally Base Rally48,45044,43046,440BUY βœ… MonthlyRally Base Rally48,16146,07747,119BUY βœ… Weekly-1DMIP (SOE Engulfed)52,06350,79551,429BUY βœ… Weekly-2Swap Zone53,88852,26553,077BUY βœ… Daily S1Strong DMIP Support55,79155,40855,600BUY βœ… Daily S2Strong DMIP Support54,05453,48353,769BUY βœ… βœ… Summary: Price is sitting on a Daily Demand cluster backed by strong MTF zones. This is an ideal place for bulls to re-enter. πŸ”Ί GANN Confluence SignalZoneProximalDistalAverageComment Stay Long AboveGANN55,87555,30755,591βœ… Triggered! Stay Short BelowGANN55,30755,30055,304❌ Invalidated GANN confirms a long bias, aligning beautifully with your DMIP Daily Zone (55,408–55,791). This adds extra conviction.