We can see bullish trend spike ups once it crosses 80.24. Buy above 80.24 on closing basis only.
The USDINR has gained momentum for the upside in the bearish run. For me it is the opportunity to sell near 74.60 keeping a stoploss above 74.85 on a daily basis closing, targeting 73.7000. We can see more downward trend if the price closes below 73.70 on any day. Please do not initiate the trade on my analysis because in market any analysis can prove wrong.
Today it has made high above 9 days average. Very bullish.
Short USDINR near 75.40 Target 72.50 It is a crossover time positions in sell for target 72.50. SL should be the 'Crow's Nose' depicted in my chart.
With the confirmed buy signal on 12 July, I am holding long position with a view to have a confirmed sell signals at the points where we have yellow downward arrow. This is for my own trading purpose, overall trend is still bearish and this chart is just to predict better selling prices. I will exit long and enter in shorts with a 2nd confirmed bearish signal...
The conversion line moved up and intersecting from above in 3 days, below the cloud and Base trend of 48 weeks. Pure signal to enter in shorts for nearly 68.4000 but on the upside it may move to 70.08 at any day. I will update once the Bulls signals comes.
Its is upside on the Komu with resistance near 70.1500. With stoploss of 70.2000 a short trade can be initiated targeting 69.7500 on monday.
Hoping it to touch 68.5000 support level and then to see where can it move. My opinion is that the pair should start its bullish trend once it touches 68.5000. I do not see it going below 68.4700. Thanks TradingView.
It is bullish above 71.0500 and bearish below 68.4500 and in between is the zone to trade for little profits as per the signals. This chart has all the zones of movement. Anyone can take the help of this chart and again wait for the breakouts. Thanks to Tradingview.com
The conversion line and the base line intersecting from below and now moving downward. Selling nearest to 70.45 with stoploss 70.80 targeting 69.05. Viewers and analysts please comment and thanks to Trading View.