Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bearish reversal from supply zone. Low of current candle is lower than that of previous candle.
SL: ₹ 74.70
All 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.
Wave Theory tradable setup up on USDINR.
Plan (A): buy above 75.316
Plan (B): buy 74.512 nearby