Indian ₹ will strengthen by end of this financial year.Current market price @ 72.81
Down side target @ 68.81
Let's see what happen
INRUSD trade ideas
Buy USDINR. Next Target 73.50All 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.
Dollar looks Bullish in Upcoming timeA Small Divergence can be seen in Dollar , So it Might be Bullish for Upcoming time.....
USDINR standing at good supportIf it breaks support then it can be short opportunity. Also confirm with nifty movement.
USDINR Go Long in the Channel USDINR - is travelling in a channel
buy every dip and sell every rally
USDINR 6th Jan 2021 for next two days viewUSDINR has made a Inv HnS pattern and broken above it, now making a bullish pole & flag continuation.
If flag Breaks up, rally may continue in the channel pattern making more flag n pole continuation patterns.
inv HnS has broken the previous downtrend channel.
USDINR Inv HnS 4th Jan 2021 trading ideaUSDINR showing a flag with Inverted Head and Shoulder
If Breaks Up or Down, may give us good returns in intraday
LongUSDINR is on potential supply zone and also one green candle is formed that confirm the reversal being bullish for coming days could be beneficial.
USDINR Good long candidate.USDINR CMP 73.17
Long term trend line support around 73.10 levels, Previous 2 bottoms around 73 and 72.80 levels.
Previous resistance of several peaks would act as strong support in range 72.2 to 72.3.
Elliot wave count suggest, impulse phase wave 5 may complete range of 72.2 to 73.00.
Good levels to go long in this range..
View gets violated below 72 on closing basis..
FOREX INRUSD BUY hello frnds this is my first technical analysis i am currently in 11th and iam interested in stock market plzz make mr correct if i am wrong thankyou......
USDINR VERY GOOD CHANCE OF BREAKOUTUSDINR LOOKING VERY HOT AND GET MORE THAN 2 % RETURN IN A MONTH SL ONLY 30 PIPS FROM CURRENT LEVEL
THANKS
© of DepreciationINR should first appreciate towards 72-71.60 then it should reverse from there for 78-80 levels. Weekly close below 70 will be bearish for USD.
USD INRUSD INR has been respecting Harmonic Trading Patterns at every stage. Will it oblige this time too? If yes then if 73.25 holds 74.50 (falling trend line) could be retested.
USDINRAny breakout above 74.70 on closing basis will bring NIFTY down and any breakdown below 73 will bring huge upside in NIFTY
Bullish Gartley Pattern in usdinrBullish Gartley pattern last leg is in process. Long may be initiated once D leg will complete.
USD-INR Bullish Gartley Pattern - Bullish ReversalUSDINR Gartley pattern showing clear Bullish Reversal from D point, Which creates buying points at Rs.73.3560 with an SL at 73.20.
Target - 1: 75.0215
Target-2: 74.6662
USDINRUSDINR stopped making new lows after the 1st of September. The October rally and the November rally have resulted in higher bottoms in the USDINR resulting in a long inter-market divergence between the Nifty and the currency pair. Now that the dollar index itself has not broken it September low, if it bounces back below is the alternate wave count for the USDINR that can kick in. In the last few days, it has taken support on the 40-day EMA. If the low of 73.9950 holds then we may start minor wave 3 of C up. Wave C can go to the 61.8% retracement mark near 75.42 or the top end of the rising channel near 75.70 in a larger X wave before it is complete.
