This one is Going to Go down , No doubt about it , up side is very limited as the correction for a day or two may take place , Sell once it brakes the Range or current low and Can Keep the trade till it makes to 605, Book in case reversal take by using trailing stop
This one is moving Because INR against the dollar is Getting weak , but its not long before it turn around , Look for reversal in 1 Hour after a Huge spike up , take short selling in Future with stop above the High , and Book it by trailing stop once moved away form the Sell Zone
Any strong reversal is possible only after making a visit 154, and in my view it will happen exactly before the 2019 Elections , till then , Look for selling opportunity
I am already in the short selling of Future , One can look for short selling with reversal on daily time frame and can look to hold til it makes 317/315
If price moves up in 1 Hour sell on reversal with stop 343 and forecast target is 275 , for low risk trader can place the stop on reversal candle they look to sell
I am looking this as potential double top formation , and Looking to Go long brake of 675 for Target of 690 and i would keep stop as 670 once the price brakes out the range and move , it will be very sharp and short term trade
I am looking the correction is not over yet , current price is an Just short covering , I will be looking further drop near 460 and reverse in order to Go for Long term Investment
One can Go short in Futures with today top as Stop
Looking Go long for last Push , I am looking to enter after brake of 1423 with stop 1377 for Target of 1465+, this will be last push ,
One can Look for Going short in Futures for target of 366, with stop above the Recent send high