USDINR :- Pair is trading around 21 day SMA on 30-min chart, is currently trading above the opening levels. Momentum indicators RSI is neutral while MACD below zero line indicating bullish baised in the pair.
Our Preference:- Buy at 64.90-64.95
Target – 65.10-65.15
Stop loss – 64.80
EURINR :- Pair is trading above 14 Day SMA on hourly charts, RSI is heading towards overbought territory at current levels While MACD is above zero line giving sell signals.
Our Preference :- Sell above 79.80
Target – 79.55-79.60
Stop loss – 79.95
GBPINR: – Pair is trading Above 21 Day SMA on hourly charts, MACD Above zero line and RSI is towards overbought teritory signaling a sell in the pair.
Our Preference :- Sell Above 91.70
Target – 91.50-91.55
Stop loss – 91.85
JPYINR :- Pair is trading below 21 Day SMA on hourly charts, RSI is neutral and MACD is just above zero line. Pair is trading well below day high levels.
Our Preference :- Buy at 0.6050-0.6055
Target – 0.6070-0.6075
Stop loss – 0.6040