$IP has completed a sharp corrective move and is now showing signs of stabilization near a strong demand zone..................

The selling pressure has clearly slowed down, and price is forming a base after the heavy dump..............

This structure often precedes a relief rally, especially if buyers continue to defend the current support area............

Momentum is gradually shifting in favor of bulls..............

Trade Setup

Entry Range: 2.65 – 2.70

Target 1: 2.95

Target 2: 3.15

Target 3: 3.38

Stop Loss: 2.42