Jan 11 2018

Trade idea for the day 11 Jan 2018

USDINR :- Seen taking support around 14 day SMA. Our Preference:-  Buy at 63.68-63.71 Target – 63.82-63.85 Stop loss – 63.62 EURINR :-  No seen holding below 14day SMA. Our Preference :-  Buy at 76.00-76.05 Target – 76.20-76.25 Stop loss – 75.95 GBPINR :- MACD above zero line  & RSI towards overbought zone giving sell

Jan 10 2018

Trade Idea for the day – 10 Jan 2018

USDINR :- MACD above zero line  & RSI in oversold zone giving sell signals. Our Preference:-  Sell at 63.80-85 Target – 63.68-63.73 Stop loss – 63.90 EURINR :-  MACD above zero line giving sell signals. Our Preference :-  Sell at 76.10-76.15 Target – 75.90-75.95 Stop loss – 76.20 GBPINR :- MACD above zero line  &

Dec 29 2017

Trade Idea for the day – 29 Dec 2017

USDINR :- MACD below zero line  & RSI in oversold zone giving buy signals. Our Preference:-  Buy below 63.90 Target – 64.05-64.08 Stop loss – 63.85 EURINR :-  MACD crossover below zero line giving buy signals. Our Preference :-  Buy at 76.40-76.45 Target – 76.55-76.60 Stop loss – 76.30

Dec 27 2017

Trade Idea for the day – 27 Dec 2017

USDINR :- MACD above zero line  & RSI towards overbought zone giving sell signals. Our Preference:-  Sell at 64.15-64.18 Target – 64.05-64.08 Stop loss – 64.22 EURINR :-  MACD above zero line  & RSI towards overbought zone giving sell signals. Our Preference :-  Sell at 76.15-76.20 Target – 76.00-76.05 Stop loss – 76.25 GBPINR :-

Dec 20 2017

Trade Idea for the day – 20 Dec 2017

EURUSD :- Trading in a Rising Wedge pattern, Momentum indicator slow stochastic gving a sell signal at overbought region and RSI(14) turned back after reaching the overbought territory. Our Preference:- Sell on the conservative break of 1.1825 for the target of 1.1750 with a stop-loss of 1.1850. GBPUSD:- Trend-line resistance with slow Stochastic at 80

Dec 19 2017

Trade Idea for the day

USDINR :- MACD below zero line giving buy signals. Our Preference:-  Buy at 64.10-64.14 Target – 64.20-64.25 Stop loss  of 64.08 EURINR :-  MACD below zero line giving Buy signals. Our Preference :-  Buy at 75.60-75.65 Target – 75.80-75.85 Stop loss – 75.50   GBPINR :- Pair is seen taking support at 5 & 14