Plan A - Risky Traders
- Buy with strict stops below 70.35 for 72.25
Buy above 72.50 for 74.50
Buy above 74.50 for 75.50-76 handle
Plan B- Safe Traders (Post Pattern Breakout on upside)
Buy only above 72.25 for 74.50 & above targets as mentioned in Plan A
Note - If USDINR moves in desired direction as expected upside holding 70.35/70.50 handle as - Traders should be careful for Equities.
Thanks for Support
Last Price - 70.95
Kindly manage your risk & trade. Safe Traders -they should trade only when pattern breaks out which could be either upside above 72.25 or below 70.35
Thanks & have a nice weekend.
Last price @71.44
Hope You Enjoyed The Fall 71 handle close to trendline at 70.70 & Bounce to 71.40/71.50.
Last Snapshot for this idea. Wish You All Best of Luck.
Last Price @ 72.16
Plan A Target achieved at 72.25 Exactly. Thanks
Last Price @ 72.88
Heading in the direction of 74.50's
Last Price @ 73.35
What Next ?
This is the last picture of USDINR heading close to 74.50+
Snapshot as of 24th March 2020 - Comex Gold & USDINR looks to to top - can we expect Wonder Waves in India Nifty !!!
Snapshot as of 30th March 2020
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw