NIFTY on Hourly Timeframe

Analysis:

The chart suggests a long (buy) position has been initiated at 24,427.76 with multiple take profit levels set, indicating the expectation of an upward move. The market is currently in a bullish state with a trending and strong condition, indicating that the upward momentum is likely to continue.
Signal Generation:

Buy Signal: Triggered at 24,427.76.
Risk Management: The SL is set appropriately below the entry, providing a reasonable risk cushion.
Profit Targets: TP1 to TP3 are set at increasing levels, offering opportunities to secure profits at different stages of the trend.

Recommendations:

RSI Consideration: The RSI is currently at 71.5, suggesting the market is nearing overbought territory. While this doesn't immediately signal a reversal, it is wise to be cautious as the price approaches higher levels.
Profit Booking: Similar to the previous analysis, consider partial profit booking at TP1 and TP2, while holding for TP3 if the trend continues.
Monitor: The strength and volatility indicators suggest the market could experience significant price movement. Keeping an eye on price action as it approaches the supply zone will be important.