Dec 06 2017

Trade Idea for the day

USDINR :- Seen taking support at 14 day SMA

Our Preference:-  Buy at 64.37-64.42

Target – 64.55-64.60

Stop loss  of 64.30

EURINR :-  MACD Above zero line giving a sell signal.

Our Preference :-  Sell At 76.30-76.35

Target – 76.10-76.15

Stop loss – 76.55

GBPINR :- 5 Day SMA seen giving a crossover below 14 day SMA giving a sell signal.

Our Preference :-  Sell at 86.40-86.45

Target – 86.15-86.20

Stop loss – 86.55