Mar 14 2019

Trade idea of the day

USDINR– After a gap up we expect price action is likely to move upward. Bullish divergence is seen in MACD and Stochastic slow- Macd is below zero line and Stochastic slow is near to its oversold territory (already had bullish crossover). Our Preference– Buy at 69.55 Target– 69.85 Stop loss– 69.39 GBPINR– Recently we see price action

Mar 13 2019

Trade idea of the day

USDINR– Intraday traders can go for buy the pair for short term target. Momentum Indicators sloping upward- Stochastic slow is at 38 and Relative Strength Index of 14 days is at 45. Our Preference– Buy at 69.70 Target-70.00 Stop loss– 69.55 GBPINR– The Pair is likely to move upside for intraday target. Bullishness can be seen in

Mar 12 2019

Trade idea of the day

EURINR– In hourly chart, the pair seems to revive for intraday target. Price is trading near to the lower band of bollinger band. Stochastic slow and Relative Strength Index are near to their oversold zone. Our Preference– Buy at 78.30 Target– 78.60 Stop loss-78.15

Mar 11 2019

Trade idea of the day

USDINR– Intraday traders can go for buy for near term target. Bullish divergence can be seen in Relative Strength Index. Stochastic slow is likely to give bullish crossover signal. Price is trading near to lower band of Bollinger band. Our Preference– Buy at 69.91 Target– 70.17 Stop loss– 69.79

Mar 07 2019

Trade idea of the day

USDINR– After opening with the gap down intraday traders can take buy position for near term target. Momentum indicators are highly oversold- RSI of 14 day is at 26 and Stochastic slow is at 12. Our Preference– Buy at current level (70.07) Target-70.30 Stop loss– 69.96

Mar 06 2019

Trade idea of the day

USDINR– In hourly chart, the price of the pair is likely to revive for intraday target. Momentum indicators signaling bullishness- RSI is at 33(near to oversold zone) and Stochastic is at 18 (oversold zone). Our Preference– Buy at 70.50 Target– 70.75 Stop loss– 70.38 EURINR– Intraday traders can take buy position for near term target. Applied technical