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🔎 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.

Penafian

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