Expect lower range of 66.96-66.78 to be tested therefore any rise first to higher range is an opportunity to exit long position.
INR is likely to remain strong with volatility.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
Hold Short
67.01
67.02
DOWN
67.0
25.08
66.78
66.95
67.05
67.11
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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