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 signals.

Our Preference :-  Sell above 86.30

Target – 86.15-86.20

Stop loss – 86.35