Report For Date: 22/09/2016
Rupee Vs Usd (Spot) Inr: Movement In Band 67.36 To 66.25
Exit long and sell on rise from 66.73 to 67 as the opportunity arises.
Expect lower range of 66.60-66.19 to be tested.
Wider band of movement remains.
Band is 66.25 to 67.36.
Expect lower side of the band to be tested.
TREND INFORMATION WITH INTRA-DAY LEVELS
|
STRATEGY
|
CLOSE
|
DRV
|
TREND*
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Hold Short
|
66.73
|
66.83
|
DOWN
|
66.7
|
21.1
|
66.19
|
66.60
|
66.87
|
67.00
|
67.41
|
*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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