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Rupee Vs Usd (Spot) Inr: Movement In Band 67.36 To 66.25

20 Sep 2016 10:41 am
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Report For Date: 19/09/2016


Rupee Vs Usd (Spot) Inr: Movement In Band 67.36 To 66.25



Band of volatility is 67.36 and 66.25.

Upper range can be 67.2-67.54.

Lower range can be 66.85-66.51.

Sideways oscillation around DRV is happening and may continue for near term.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

66.97

66.82

UP

66.9

15.09

66.65

66.86

66.97

67.07

67.28

*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. If trend is down then traders can hold short position with a closing stop loss of DRV: Close <DRV.


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