RELIANCE INDS FUTURES

Reliance Future Weekly Technical Analysis for 16 to 20th of Dec.

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🚀 Unlock the potential with my Reliance Future Weekly Technical Analysis for 16 to 20th of Dec., 2024!

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📍 Range Trigger Point (WRTP): 1281
📅 Weekly Range: 80

📈 Long/Buy Position
🔹 Buy Above: 1292
🎯 Target 1: 1330
🎯 Target 2: 1361
⛔ Stoploss: 1265

📉 Short/Sell Position
🔹 Sell Below: 1273
🎯 Target 1: 1232
🎯 Target 2: 1201
⛔ Stoploss: 1299

✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday and Weekly Levels and Live Market Confirmations. 📈

📊 How to Trade with Numro Trader Weekly Levels

Buy Setup

🕒 Wait for a 1-hour candle to close above WRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of level breaking candle.
🛒 Enter buy order at exactly of active level (WRTP or Buy Above).
🎯 Target 2 (if coming from WRTP) or Target 1 (if coming from below WRTP).
⚠️ Avoid re-entering after hitting the target.

Sell Setup

🕒 Wait for a 1-hour candle to close below WRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of level breaking candle.
🛒 Enter sell order exactly of active level (WRTP or Sell Below).
🎯 Target 2 (if coming from WRTP) or Target 1 (if coming from above WRTP).
⚠️ Avoid re-entering after hitting the target.

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