Please keep in mind that this is only for futures and positional traders.
You can buy USDINR in 3 different buy zones, as mentioned (Buy zone 1, Buy zone 2, Buy zone 3).
There is NO-STOPLOSS; simply purchase as much as you can. Don't panic if it reaches Zone 3; instead, buy as much as possible.
It is important to note that this view is for the next three months and is not recommended for short-term time frames.
Note 1: Do not trade CALL options based on this view because it is a long-term view and you may lose money buying OTM or ITM due to theta decay in the long run.
Note 2 : Because the USDINR is oversold, strong Bullishness is expected to continue, and only buying is recommended (avoid short selling or buying PUT options) at retracement levels.
You can buy USDINR in 3 different buy zones, as mentioned (Buy zone 1, Buy zone 2, Buy zone 3).
There is NO-STOPLOSS; simply purchase as much as you can. Don't panic if it reaches Zone 3; instead, buy as much as possible.
It is important to note that this view is for the next three months and is not recommended for short-term time frames.
Note 1: Do not trade CALL options based on this view because it is a long-term view and you may lose money buying OTM or ITM due to theta decay in the long run.
Note 2 : Because the USDINR is oversold, strong Bullishness is expected to continue, and only buying is recommended (avoid short selling or buying PUT options) at retracement levels.
Trade active:
Close your LONG positions (book your profits) and wait for another retracement (below 82) for 2nd second LONG entry.
almost 1 rupee in profit.
almost 1 rupee in profit.
Trade active
Trade closed: target reached
2nd BUY 81.73 (30% of your capital)
3rd BUY 81.43 (30% of your capital)
A margin call of 10% must be maintained.
Note: Only buying (long FUT or CALL) is recommended here; no shorting or bearish trend is recommended; almost all events are overly strong naturals (above > 82.39); do not buy weekly CALL options and OTM CALL options; only ITM or ATM monthly options are recommended.