Report For Date: 30/09/2016
Rupee Vs Usd (Spot) Inr: Volatility Within A Band
Expect volatility and movement within band of 66.38 to 67.14.
Cover short position at 66.8 or below.
Lowe range of 66.69-66.43 is likely to be tested with volatility.
Resistance will be at 67.06-67.69.
TREND INFORMATION WITH INTRA-DAY LEVELS
|
STRATEGY
|
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Hold Long
|
66.80
|
66.74
|
UP
|
66.8
|
29.09
|
65.80
|
66.43
|
66.69
|
67.06
|
67.69
|
*Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. Positional Traders: If trend is up then traders long can hold long position with closing stop loss of DRV: Close >DRV.
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