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

1 Sep 2016 10:22 am
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Report For Date: 01/09/2016


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



Expect higher range of 67.10-67.34 to be tested and can be used to exit long.

Weakness will resume below 66.82.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Short

66.96

67.03

DOWN

67.0

31.08

66.63

66.87

67.01

67.10

67.34

*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


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