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Rupee Vs Usd (Spot) Inr: Exit Long On The Rise

28 Jul 2016 10:27 am
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Report For Date: 28/07/2016

Rupee Vs Usd (Spot) Inr: Exit Long On The Rise



Exit long on rise from 67.1 to 67.61 as the opportunity arises.

Resistance will be at 67.15-67.28.

Lower range can be 66.94-66.60.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Short

67.1

67.2

DOWN

67.06

27.07

66.60

66.94

67.15

67.28

67.61

*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.

TECHINCAL INDICATORS TABLE

RSI

1-ROC-RSI

Stochastic

1-ROC-

Stochastic

MACD

1-ROC

MACD

RS

1-ROC


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