USDINR Eagle's Eye View USDINR in Channel
Taking Support and Resistances in the channel drawn.
Looks downtrend in near future.
Happy Trading !!!
Forecast
USDINR View Scenario 1 : Continues the Head n Shoulder breakdown (can you spot Head and Shoulder?) to achieve T1
of Head and Shoulder breakdown target &
200 EMA Support. If breaks further,
then T2 can be achieved which is a support of 2 hammers printed previously.
Scenario 2 : If it does not break and open flat or gapup,
it may consolidate here before breaking down. Range 74.5 - 74.25
Scenario 3 : It may achieve T1 and do a false breakdown of the inclined trend line (& 50 EMA) and again bounce back up.
Look for bullish candle patterns here.
USDINR View 16 July Weekly Expiry View and StrategyPossible Top is formed with Fake Breakout and strong inverted hammer.
View : Sideways to Bearish
Resistance @ 74.75 Support at 74
Short Straddle 74.75 or 74.5 Strike is possible
Or my favourite Bear Call Spread.
Sell 74.75 CE and buy 75 CE
this must be done on bounce, if we get one for this week's expiry.
USDINR View USDINR formed a bearish divergence
Carrying a bear call spread for this week's expiry
Sold 75 CE
and Hedged 72.25 CE, buying it.
USDINR View After a successful rally Upside, we have analysed that it will rest now.
Range bound movement is expected...
May go for strangle after tomorrow's expiry is closed.
FORECAST HIT BANKNIFTYHOURLY INCOME/ DAY TRADE
WAIT FOR THE RIGHT OPPERTUNITY AND ESTABLISH THE POSITION - VIEW FOR THE DAY IS L O N G
USDINR ViewPrice squeezing and may break either side...
Bias is Bullish though will act on break out / break down...
USNINR Trend cum Corrective Wave Analysis !!TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Will USD - INR Regain 77 levels again??Will USD - INR Regain 77 levels again?
Time Fibonacci , Fibonacci Levels Used
USD INR weeklyTill 72 support is not broken it is in uptrend, has good potential for a good up rally touchin 80-85 levels
Reliance Neowave ForecastNSE:RELIANCE
Hello Everyone
As you are seeing on chart wave ((1)) has been completed and currently we are in wave ((2)) which is Developing in form of (W), (X), (Y).
If this movement sustain than in future we will see a wave ((3)).
So this is a good place to invest in reliance for delivery.
This prediction will take time.......may be few month
Thanks
Neowave Forecast
USDINR Inv HnS USD INR at a good level
if Head n Shoulder breaks out, then we can get a good long trade.
Analysis of Nifty MetalDt. - 03-03-2021
As you can see from the forecasts, in the forecast the index took more than 2 years to reach the target from the bottom and in the second forecast that is after the market crash becoz of COVID-19, the index took less than a year to reach the same target from the same bottom. Share ur views on this.
Reliance (mid term)formed double bottom here and broke neck line i expect some uptrend from here good for swing trade DYOR before investing
AUDUSD ForecastAUDUSD upcoming forecast for the upcoming week. NFP this Friday so be careful trading. I will waiting for more PA to develop before entering.
Buy USDINR. Next Target 73.50All the retails have been shaken out. The accumulation has been done . Now its time to markup the price. These are probable entry, exit and stoploss area.
Expecting a Up move in USDINRIt may take a support near 72.6 and bounce towards 73.5.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
