Indian
Bajfinance sell??????????2099 is important level, sell on closing below this level or buy for intraday if showing support in this level
CADJPYCADJPY LOOKING LIKE STRONG BEARISH BECZ IT BREAKED SUPORT LINE AND ZONE ..
#VSGROUPS #VAMSHICHICHU #CADJPY
IOC buy setup - Tiny risky huge rewardBuy IOCat CMP 82.70 and on dips upto 82.25
T1: 86
T2: 88
SL: 81.5
USD INR towards 84 in couple of months INR will be weak in the coming months. Target expecting beyond 84.
India VIXAlmost every year India VIX tends to test the lower end of its range and reverses sharply in JAN. A trigger for this usually is the Annual Budget (Vix rising as a lead up to the event). It appears that the same scenario might be repeated in 2020. However, this time we have a global trigger as well which could fuel the rise in VIX (as and when it happens) Gold & Silver breakout and USD/INR which is very close to a breakout above 70.40 (in this case it should be noted that US$ is so far fairly muted against major currencies).
We could initially see the Standard Deviation variation between Equity > Commodities / Currency expand. As a result, firstly the range will get broader, secondly price movement/reaction will be faster. Hence, option writing as Jan series gets into momentum might not be a safe hedge as it has appeared in NOV-DEC. Positional traders might get caught on the wrong side time and again as Swing traders are going to love the series
USD / INRUSD/INR appears to be within a sideways corrective. Appears like one more dip before it starts another up move. FM could give a short term boost to INR/Banking today in her budget speech
YESBANK - Time to Buy?The support of 62-63 is quite solid. I think this is the last low before it targets 80 above and its a good time to buy.
take entry around 63-65 with a strict stoploss of 10-12 aiming 81-89 in next 1-2 weeks as time frame is most important part of trading hold with patience and believe in yourself. Happy Trading.
USD INR bull or Bear?USD INR is both bullish and Bearish, let me explain in detail, as per the Elliott wave we can see a small up movement till 73.15 after than its clear down trend at least till 70.4
so one can short if it cross below 71.54 without doubt, lets see how it goese
USD INR in a wedgeThe USD/INR on the weekly chart is forming a wedge pattern. 68.2 is also a key support for USD/INR. If the wedge breaks out on the upper side then it can go till 70 as of now.
things r screaming for new all time high in USDINRNEW ALL TIME HIGH MUST BE INCOMING IN USD INR ...THAT MEANS BAD ...WORSE FOR INDIAN ECONOMY ..I ASSUME TILL END 2019 WE CAN SEE NEW ALL TIME HIGH IN USD INR .
THAT MEANS I WILL HEDGE MY ASSET VALUED IN INDIAN RUPPEE ..INTO DOLLAR OR WILL LONG THE USD INR PAIR .
USDINR seems to have found bottomUSDINR seems to be forming irregular flat and is expected to take prices above 70.50 in wave C. Further confirmation for the move can be seen when prices starts moving above 69. The supports of 68.20 are expected to be held in this up move.
USDINR - Short term directionThe currency pair is moving in corrective structures and is expected to extend the fall towards 69.30-69.35 range and then moving higher towards 70.40-70.45 in next one to two weeks.
USDINR Possible Downward in Short TermPossible target for the short is 67 area and If breaks above 72, this plan will fail.
plotted breakdown method on INFY with control price gravitating.Control Price always gravitate value such as 1,2,3,4,5 and 6. We have seen two tails on the right side of the chart at the Value Low area. Gravitation has two to attract the price are plotted in the move(i) and move(ii).
The best value to buy this stock at 710(outside of value low) and 716 for targets 735 and 741.
