USDINR

Short USDINR

Stock Market is turning around. With all the bad news quite for while. But on technical front, after the release of MPC by RBI and considering the USDINR rate at 71.30 for analysis purpose. The rupee has started depreciating to new levels. After breaking the levels of 71.20 -- USDINR is moving ahead for the immediate Resistance range of 71.60, 72.10 and 72.40...

USDINR is moving in a wedge. Longs can be added on closing basis after break of upper line. SHORTS can be added on closing basis after break of lower line. Not advisable to take positions on inside the wedge. Will update more on any significant moves. Date: 10/09/2019 This is the 3H chart. Your positions are your own sound decisions. I am not responsible for...

Short USDINR below 70.60 T1: 69.95 T2: 69.50 T3: 69.10 SL: 71.22

The daily chart shows that the trends continue to be in favour of the INR as the prices have been unable to move beyond the median line of the Pitchfork. Despite the strong strengthening of the Dollar the INR seems to be holding to its gains. Will it translate into some benefit for the Indian equity markets is something that will transpire tin the coming...

TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 4 to 8 times.

refer chart for details

With the global economic slowdown, dollar Index will soon spurt to new high thus impacting most of the emerging countries as well. So beware with all moves. Though Indian government is doing everything possible but when their is no sales then expecting positive results is worthless.

USDINR is near sell zone which was acted as strong resistance level, Target -> 70.121

USDINR Day analysis | Intraday #USDINR

Short USDINR between 71.425 and 71.620 T1: 70.9 T2: 70.4 T3: 70.3 SL: 71.9

With Fundamental Slow Down in the Indian Economy accompanying with rising Global Slowdown and Trade Wars. Dollar Index is Touching New Highs and with no major moves in Indian Currency giving us a big trap signal on each fall in the USDINR or the Rising Rupee. One can Long USDINR at 71.15-71.20 Levels for the Targets of 72.40, 73.25 and 74.57 in the coming months...

SELL below 71.700 SL 71.715 Targets 71.685, 71.650, 71.620, 71.600, 71.580, 71.550

Axis bank || Intraday #axisbank

Ratios mentioned in chart

TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. R:R 20-40 Times USD/INR Going to Show India's Rapid Growth All over World. It will help in Development and Increase in GDP . We can...

another leg up is possible for USDINR in coming days

With a sudden rise in USDINR and little Consolidation is going on. One can buy at the current levels of 71.50-71.55 for the target of 72.45-72.50. With an SL of 70.70-70.76 for the September month.