One can short USDINR with the target of 68.50 or near by levels. With an SL of 70.05
If it breaks the SL, then the trend is us bullish in USDINR with the upper targets of 70.20 & 70.60 levels.
Currently it is at the point from where if it breached then expect either a new high or new low. Though the probability of new lows are high. So, be cautious.
a short intraday gain can be made in GBpUsD. With an SL of 1.2978 for the targets of 1.3035
If the GBPUSD breaks the level of 1.2950 then expect furthermore selling towards 1.2800 though it's at the zone of panic n minor support. If it's rebounded then the above levels will lead to 1.3100
After hitting our targets of 11700 & 11750.
Nifty is now trying to touch the levels of 11830.
Though the technical indicators are at the over reached point so again it will fall but this time be cautious either it will make a top or ready for a new higher range viz., 11900-12000 & last 12750.
One can trade nifty with sl of 11630, 11580 & 11400 with the target of...
Eurusd after making a support at 1.1180 levels. Ready to take a rebound to the levels of 1.1400+
So trade wisely, A buying opportunity will come at 1.1270 near levels. With an sl of 1.1180
USDINR is riding slowing on a bull trend with an strong support at ₹69.13, 69.001 and 68.47
Whenever it touches any of the support don't panic and wait for it to give a closing price of the day. If it below then it is still in bear trend.
Otherwise, taking the (SL) of ₹69.06 with the target of 69.70 and 70.20 in coming days.
Nifty has finally touched it life time high and some profit booking has come. Thus, leading to the support zone of 11570-11580. And rebound back to 11600 levels. On Upside it is 11830 and if supports break then it again falls back to 11400 levels.
So, consider this trend as consolidation trend coz on weekly chart it bull trend. With the levels of 11900 in...
Dollar Index has build a strong support base and started breaking major resistance. It is now moving ahead towards the target of
2 -- 98
3 -- 99.21
And 4 -- 102 (Major Resistance).
With the support of 1. -- 97.14(Closing basis)
2. -- 96.50
3. --- 95.70
Be cautious with the trade in major pairs. Lots of factor might impact the DXY so don't let it to...