USDINR - The Box Match@69.16

AbhishekHSinghCMT Updated   
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Education & Trading Idea

Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time trading.

The act of dismissing a batsman when bowler makes the bowling action before he could complete the bowling -non striker batsman leaves the crease & bowler removes the bail. This act is called Mankading & was named after legendary cricketer - Sir, Vinoo Mankad

Latest Mankading act which I recollect was seen carrying out by famous cricketer- Chris Gayle in IPL & In Under-19 Cricket World Cup -West Indies V/s Zimbabwe where West Indies took the last quarter-final spot with a thrilling, but controversial, two-run win over Zimbabwe & finally winning Under - 19 World Cup.

That's the power of Mankading.

Trading Strategy
Strict Stoploss - 68.00

Target 1 Zone -

Target 2 Above 71.80

Target 3 Above 72.60

Target 4 Above 74.50
Can it be Up Up & Away

Thanks for watching this video.
Trade active: 09:56 Hrs 25th March 2019

Nifty Update
Last Price@11355

As suggested last in Auropharma update about Nifty that we expect gap down & which was seen in today's session.

Current Support between 11340-11350 can help Nifty Index to bounce close to 11390-11415 zone upside

Going below 11340 -Next support comes at 11250-11265 zone. Thanks
Trade active: 11:41 Hrs 25th March 2019

Last Price@11336

11340-11350 is no trade zone for me any move above 11350 - we can expect upside bounce as suggested last update above & any move below 11340 & holding below 11340 - we can expect 11280 & 11250/11260 target zone downside.
Trade active: 14:37 Hrs 25th March 2019

Nifty Update - "Avoid Getting Emotional -That is my mantra, always to trade & be happy wherever market goes "

Last Price@11329

As expected below 11340 we can see nifty to 11280/11260 - current low@11312

If Nifty bounces above 11330 - we need to book partial profits what ever we get as going above 11340 -It has strong chances of upside push to 11390-11415
Trade closed manually: Bye

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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