2099 is important level, sell on closing below this level or buy for intraday if showing support in this level
CADJPY LOOKING LIKE STRONG BEARISH BECZ IT BREAKED SUPORT LINE AND ZONE .. #VSGROUPS #VAMSHICHICHU #CADJPY
Buy IOCat CMP 82.70 and on dips upto 82.25 T1: 86 T2: 88 SL: 81.5
INR will be weak in the coming months. Target expecting beyond 84.
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 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
The 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.
NEW 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 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.
The 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.
Possible target for the short is 67 area and If breaks above 72, this plan will fail.
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.