USDINR has given a good volume BO candle on Weekly if it sustains above current level, this BO may give good targets as shown by the wave structure shown on chart.
Buy intraday Dips... I am holding Bull Call Ratio Spread... Might also do naked Call Buying with limited risk amount. (amount that I am ready to loose)
Thanks!!!! for sharing your view, sry can't rply on chat since I dont have reputations points. I also agree in higher timeframe & current scenario long setups are more likely to be formed.
tusthecool
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Good Morning I hope you are making good profits from the market, please enlighten your view on USDINR & plan of the trade as currently USDINR is consolidating.
Currently I have closed all my position, & waiting for the confirmation
tusthecool
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Please regularly update us when & what type of positions you are taking in the market
NeelamN
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@tusthecool, buy the dip in this trending market. although I suggest to hedge ur positions for limiting your risks always. Go long on Dips.
tusthecool
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@NeelamN, Hmm I had taken CE buying 77 & hedged with 76 PE, its lukin good till now. Please let me know what is Bull Call ratio spread