Buy USDINR At Cmp - 82.68 & On Dips To 81.6 SL - 80.4 ( Weekly Closing Basis ) Target - 93
Please keep in mind that this is only for futures and positional traders. You can buy USDINR in 3 different buy zones, as mentioned (Buy zone 1, Buy zone 2, Buy zone 3). There is NO-STOPLOSS; simply purchase as much as you can. Don't panic if it reaches Zone 3; instead, buy as much as possible. It is important to note that this view is for the next three months...
USD INR is seen to have completed its 5th wave of a smaller degree of bigger wave 3rd. It should come lower and this can boost Nifty a bit at the least. This is based on Elliott Wave Theory. OANDA:USDINR
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
Hello Guys! Hope you had enjoyed the festive season... I enjoyed a lot... with Ganpati Bappa and Gauri Mata's Ashirwaad... May God shower blessings on all of us... Sorry ! As I did not post anything for a while... This week's USDINR view is as follows : USDINR was sideways for quiet sometime, consolidating in a triangle pattern. It broke upwards today and I...
USDINR in Channel Taking Support and Resistances in the channel drawn. Looks downtrend in near future. Happy Trading !!!
USDINR not making higher high or lower low range 74.40 to 74.75 Made Short Iron Condor. Sold 74.75 CE & 74.25 PE Bought 75 CE & 74 PE Will exit bear call spread if breaks down or exit bull put spread if breaks up.
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.