Rupee Vs Usd (Spot) Inr: Band Of Movement 66.82-67.36

Report For Date: 31/08/2016

Rupee Vs Usd (Spot) Inr: Band Of Movement 66.82-67.36

Expect higher range of 67.21-67.43 to be tested and can be used to exit long.

Weakness will resume below 66.82.

Expect the band of movement to be 66.82 to 67.36.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY	CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
Hold Long	67.13	67.04	UP	67.1	26.08	66.77	66.99	67.07	67.21	67.43

*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	View Full Image
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