USD INR -About to Bottom outRisk Reward in favour of Bulls. Targets 65 to 65.5. Time frame 1 month. Technical picture improving due to positive MACD divergence.Longby financialmarketsalgorithmsUpdated 112
USD INR 19-5-2017USD INR, market open lower @ 64.78, today market expected to go down 64.60-64.46, if it do not break 64.60-62, may be reverse back from there. support for the day 64.62 and 64.46, resistance for the day 64.93by avrj0
usd inr 16-5-2017 viewUSD INR, over all market is in down side spot is 64.11, it is expected that if market breaks 64.04, then it would come down to 63.92-94, resistance for the day 64.27, from last 15 mins market going to push on higher sideby avrj0
USDINR - Indian Market Barometer Part 1-Bounce Till 65.80The fall from 69.05 was very impulsive post double top@68.80-69.05 Zone, which completed wave 3 at 261.8% of wave 1 distance. Looking for a retracement in wave 4- which travels 38.2% at 65.85 levels. The zone of 65.80-65.95 is prior support zone which can be retested & can form resistance for USDINR. Looking at the structure, Nifty is in hold of Bulls- who are not ready to leave. So, post retracement to 65.80-65.95 -if happens & dollar rupee starts falling as cited above, then Nifty could resume its upmove post current consolidation or small correction for new highs next. Trading Strategy Looking for the push in the zone 65.80-65.95 & getting resistance from earlier support zone is the minimum move which it should travel next. We will take USDINR move in parts - first till 64.95-65.00 Zone & Later above 65 for 65.40-65.50 -Above 65.50 for 65.80-65.95 Longby WaveTalksUpdated 141418
sell USDINRsell around 64.6000 sl 65.0000 target 63.5000 time frame 10 trading days and book at comfort level Shortby MCHARTFACTORUpdated 7
usdinr - be ready to buyfor educational purpose only - buy after a very big red candle near 63.25-63.50 with sl 63.15by maneeshaggarwal113
USDINR Long Term ViewUSD is being weak from last 4 months... We can see break out also If we measure its fibonacci retracement level from Jan 2008 to Nov 2016, We can see USDINR 54 as 50% retracement in up coming years. (is it happening just because of Gov. activity?) Its telling us that Indian Bull will run in crazy mode, Indian economy will be strong. Lets start investment in stock market from beginning. in up coming years Indian market may give us good return. I will update in comment every 1 year. Hint a like if you agree!by ashokakbariUpdated 2
USDINR - due for a corrective rebound !There is a clear positive divergence on the charts on both RSI and MACD and the psychological set up on USDINR too supports a corrective rebound . Swing Break confirmation needed which should come around 64.40/-Longby carajivkhatlawala2
USDINR - Mother Child Candlestick or Bullish Harami Above 64.70There is a mother child candlestick pattern or bullish harami. Once it starts moving above 64.70 & holds above that likely it could put end to INR appreciation for sometime & dollar could start moving up against rupee. We shall look for 65.50-65.70 as the possible target zone- which I will have to come back to see whether that projection will be met. First, we need a move above 64.70 & it should hold above that level. Fall was too impulsive from 68.35 so Indian Markets jumped like a rocket. Previous Update- Can Rupee Capsule power Nifty & BankNifty Longby WaveTalksUpdated 4411
BIG PICTURE OF USDINR (ELLIOTT WAVE)Elliott wave chart of us $ inr (weekly chart) the big picture we are within the wave 3by joel-vgUpdated 666
USDINR: Mid Term USD UPUSDINR Cmp: 64.415 Mid term USD will stronger than rupee. USDINR range : 64.82-65.40-66.10-66.85Longby estockmarket2
Positive Divergance in USD/INR daily chartsIn the charts of USD/INR price is froming Lower Lows (LL) and RSI is forming Higher High (H H) within oversold zones... It is expected that whenever these types of divergence is formed it seems to be Price Reversal... I have made a long position at a price of 64.85 looking after this divergence... Note: Do your own study before making any position.. Please Like, Follow, and Comment your views too.. :) You can also see divergence related research which were accurate previously below related ideas...Longby MrAkshatPUpdated 1118
Support / Break out @ pitchfork trend channel Look for Support / Break out @ pitchfork trend channel by UnknownUnicorn3307741
usdinr - a rally for sell on rise for educational purpose only - sell on rise is the strategy for usdinr . sell near 66.30 - 66.4 with sl 66.75 for the tgt of 63.75 - 64Shortby maneeshaggarwal1
usdinr - a big downtrend to be startedfor educational purpose usdinr is showing symptoms of double top where 66.6-66.21 is the support where a little bounce may happen but this support may be broken then 63.65-63.32 will be next support. Or a big downtrend may be seen.Shortby maneeshaggarwalUpdated 111
USDINR Short - Move out of BalanceBalance B/O , SL 66.20 (if it enters upper balance), target 1 isPOC of lower balance which is around 65.25 and target 2 is lower bracket of balance around 64.3Shortby thetraderrr11
USDINRAt crucial support.. Risk reward favoring upside with a stop on close below 66.25Longby hitesh_aad1
USDINR 2016 Diary- Retrace to 67.00-67.05 & Upside against 66.26In the last update@28th Dec2016- When it was trading at 68.10- expected retracement to 67.00-67.05 which will be 61.8% of the latest explosive rally from 66.26 to 69.05 -shall get support on the trendline connecting 58.26 lows in May2014 passing through 66.26. If that gets broken, then finally 66.26 should act as support Good News for Rupee Bulls they can become happy once 66.26 gets broken-key level & later dips below critical level-65.95 This is how we moved in 2016 Click on the charts & Use load bar feature Impatient about acche din(good days)- 65.95 & 66.20 Important Support Level Another Clue for Indian Markets Magical 66.20 level USDINR-Nifty- Strong Bonding & Waves 67.15-67.41 to act as polarity reversal zone Amazing U-Turn from 67.15-67.40 Zone Are you ready for 71.50 post Jan2017 Against 66.26 by WaveTalksUpdated 7
USDINR - Weekly ViewTwo corrective patterns forming, Elliot ABC wave and Evening Star.. A weekly close below 67.94 would pull USDINR towards 67.50 and If Elliot wave comes into play rupee could possibly see 66.80 levels. by DanishC0
USDINR- Can Rupee Capsule Power Nifty & Bank NiftyChannel break downside in dollar rupee could be the capsule, which can push weak Nifty & Bank Nifty to its much awaited targets. 67.05-67.30 is the zone, which dollar rupee could attempt & extending below 67 can take the support of trendline as mentioned in the 2016 diary update below. Nifty going beyond 8230 can attempt for 8380-8400 target zone as expected & Bank Nifty could attempt for 18400+ & next resistance in BN shall be 18740 Bank Nifty - Need a poke above 18100 to resume uptrend- going below 17800 -downside Nifty- Above 8230 for 8380-8400+ Click the charts below & use load bar feature USDINR 2016 Diary by WaveTalksUpdated 119
USDINR- Are you ready for 71.50 post Jan2017 Against 66.26S-L- First Selling & Later, Buying Are you ready for most lethal attack on rupee postJan2017. Prices are talking that way. In previous updates I kept on saying 65.95 & 66.20 if intact downside- rupee is going to create panic in the camp- look what happened -an explosive move upside forming a low@66.26 well above 66.20-key level & 65.95-critical level. The up move from 66.26 to 69.05 looks impulsive, which I was keen to see since May2016 & infact got the start as well. What Next? Against 66.26 -very important low -should not be broken downside else the discussed scenario gets invalidated. From close to current rate@68.06 -likely going below 67.70 it travels 67.00-67.05 where it retraces 61.8% of the move from 66.26 to 69.05 & the 80 % retracement comes to 66.75-66.80 which could be a possible target zone in Jan2017 Going forward against 66.26 lows Dollar Rupee will give us an explosive move -possibly 71-72 zone, which 161.8% of the leg 66.26 to 69.05 How it will impact Nifty? Nifty is in complex wave-2- currently sooner or later starts "y-wave" in wave-2 & within "wave-y"-almost should be ending "wave-b" & "starting wave-c" Previous Analysis for Dollar Rupee in May-June 2016--Click the charts & load the bar All related analysis attached below for USDINR along with key analysis for Nifty & Bank Nifty- Click the charts & use load bar feature by WaveTalksUpdated 886