USD / INR - BreakoutUSD/INR has given a upper channel breakout and is looking good after consolidation for months.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE. TRADE ON YOUR OWN RISK
USDINR trade ideas
UsdinrFall may soon after manipulate bcz they trap CE buyers and forced to exit PE buyers so it could be a huge fall too soon
Usdinr Usdinr 28 th june expiry can be at 78.25 most chance or above it.
So buy ce pe according to it bcz useless expiry can remove 78.25 ce price full capture by sideways moves.
USD/INR Dark Cloud Cover - Learning purposeDark cloud cover chart pattern.
Divergence.
SL didn't trigger.
USD INR as per Elliott Wave AnalysisUSD 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
usdinr near resistanceusdinr can show 77 in coming session as it is trading near the top resistance line. can go for shorting otm calls
USDINR-might take supportFX_IDC:USDINR If taken support at 61.8 pc level, then might go up; look for the bullish green candle
Usdinr 24 june expiry will be on 78 because here is high premium and they dont wants to give profit to retailers. Max up can be 78.5
Even you can see the movement up then down then up its a proper option premium eating things happening.
USDINR POSITION FOR SHORT STRADDLEIt is expected to be a decent gain in a range of 79.5 to 77.5 for June expiry..
Long USDINRUSDINR is at all-time high but there seems to be more momentum for further upward movement. Broke out of a channeled movement of almost two years, that too with a month-long consolidation. With nifty and other indices lacking strength, the dollar might see some fresh bullishness.
PS :- I am an ametuer, let me know if i am correct. Open to suggestions.
USDINR-evening star pattern at 4 hourFX_IDC:USDINR
Indian Rupee at all-time low which can mean:
1. RBI will intervene next week to make the bull run slow
2. Evening star at 4 hours look promising. One should watch the next 4 hourly candle.
3. The previous high, 77.88 can be a resistance for the next consolidation. The consolidation is possible as the Dollar is at all-time high and RBI might intervene.
USDINR-BREAKOUT AT 4 HRS FX_IDC:USDINR can go up to 77.9, R3 at 4 hrs; see for 4 hrs reversal candlestick
follow price action; take small quantity
Usdinr Clear breakout for upside .
Put sellers sell 77.75 put in amount of 50-60k huge put selling.
Gapdown open can trap put to go down other wise its a uptrend.
Usdinr Its seems like usdinr took support from previous inclined support so its bullish now we can take a trade with fixedstop loss below the trending support.it can go further 77.75 near the targets for intraday long term target 78.8.
Breaking downside will be the end of this really if it comes below 75.25 near month of june half.
USD INR Chart AnalysisLooks INR getting strong in coming days.
USD-INR Trading at Resistance Level, Expect fall in coming days.
So , who went long please keep strict SL and Plan for short in coming days
Usdinr Ascending triangle gives break up side target will be chart.
Exit below traget price will be safe exit or trail your stoploss .
Usdinr Stop loss below 77.5 close candel day bcz a huge put writers sell puts of 77.5 so its cant close below it. buy near 77.5 and sell half quantity 77.9 so its break out this lvl and go higer 78 or 78.5.
Strictly stop loss 77.4 but if it comes again 77.5 like 77.55 then buy again messive puts writers here 3 june expiry.
Usdinr Usdinr have bullishness but see it can't move even 50p Or 1 rs.
Bullish for short and long term stop loss below 77.
I think they just eat premium and hold it here.
( short term :- Buy above when chennel break upside have stop loss below the channel ).
# it could be neutral too bcz of rich sell call option so they can't make it go high.
USDINR sell on rising By pankaj jainDisclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
