Nov 24 2017

Trade Idea for the day

USDINR :- MACD Crossover below zero line giving a buy signal.

Our Preference:-  Buy at 64.60-64.65

Target – 64.75-64.80

Stop loss  of 64.55

EURINR :-  Fell below 50 Day Moving Average

Our Preference :-  Sell Above 76.60

Target – 76.40

Stop loss – 76.70

GBPINR :- Pair has broken 50 Day EMA & 200 Day SMA

Our Preference :-  Sell at 86.00-86.05

Target – 85.85-85.80

Stop loss – 86.10