Fin Nifty Index Weekly Technical Analysis for 16-20 Dec., 24

Dec 16, 2024

🚀 Unlock the potential with my Fin Nifty Index Weekly Technical Analysis for 16th to 20nd of Dec., 2024!

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📍 Range Trigger Point (WRTP): 24,880
📅 Weekly Range: 634

📈 Long Position
🔹 Buy Above: 24,669
🎯 Target 1: 25,272
🎯 Target 2: 25,515
⛔ Stoploss: 24,457

📉 Short Position
🔹 Sell Below: 24,519
🎯 Target 1: 24,488
🎯 Target 2: 24,246
⛔ Stoploss: 24,731

✨ 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. 📈
#FinNifty #WeeklyTrading #IndexFutures #NumroTrader

📊 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.
🛒 Enter buy order at active level (WRTP or Buy Above).
🎯 Target 2 (if from WRTP) or Target 1 (if 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.
🛒 Enter sell order at active level (WRTP or Sell Below).
🎯 Target 2 (if from WRTP) or Target 1 (if from above WRTP).
⚠️ Avoid re-entering after hitting the target.