Jul 26 2018

Trade Idea for the Day

USDINR: The pair is presently trading close to the neckline of Double top formed on a hourly chart. The neckline is likely to hold by USDINR, as slow stochastic below 20 mark – an indication of price reversal.

Our Preference: – Buy at  68.60

Target – 68.75 and 68.79

Stop loss – 68.55