METROPOLIS Keep it in your radar

📊 Chart Summary (Daily Timeframe)
Key Details Value
📈 CMP ₹1,979.20
🔼 Gain Today +₹108.10 (+5.78%)
📊 Volume 2.11M (rising buy volume)
🔍 Pattern Breakout → Retest → Entry near Fib zone

📐 Technical Analysis Highlights
✅ Price Structure
🔼 Clear higher high and higher low structure — a sign of strength.

🧱 Resistance turned support near ₹1,850–₹1,870 confirmed with price action.

📐 Entry near Fibonacci retracement zone (post breakout pullback) — ideal entry confirmation.

🔊 Volume Analysis
📈 Post breakout, buying volume increased significantly.

🔻 Selling volume tapered — suggesting waning bear pressure.

🎯 Trade Setup
Trade Element Value
✅ Entry ₹1,950–₹1,980 (CMP is within this range)
🛑 Stop Loss ₹1,890 (below support & Fib level)
🎯 Target (1.5x RR) ₹2,100–₹2,120
⚖️ Risk:Reward 1:1.5+

📌 Trade Notes
📍 Pullback to Fib zone + Volume = confirmation of strength.

📊 Breakout followed by retest makes this trade high-probability.

🧘 Ideal mindset: Expect ~4–5% return consistently — solid swing play.

✅ Conclusion
This is a well-structured pullback entry trade, supported by:

Trend continuation (HH-HL structure)

Resistance becoming support

Volume-based confirmation