Indian currency trading strategy for tomorrow 29 sep 2016

NSE.USDINR - Candle Three Months_1d 2016-09-28 171135 Euro rupee Oct future today closed at 74.94 with loss. Eurinr future is in downtrend and below 75.15 remain weak and sell on rise. For intraday expect downside targets of 74.45 and below. 74 is swing short target and expect in short to medium terms.   Pound rupee Oct future today closed at 87.07 with gain. Pound is given technical bounce back but overall outlook still gloomy so remain sell below 88.2 level. Bounce back may extend upside up to 87.5 to 87.8 so for intraday pound looking strong and buy but for positional trade remain sell on rise.   Yen-rupee Oct future today closed at 66.3 with loss. Yen still looking strong and above 65.6 remain buy on dips for short to medium terms. For tomorrow, use 65.9 to 66.1 zone to buy and accumulate for targets 66.5 to 66.85.   Dollar-rupee Oct future today closed at 66.78 with gain. Oct future opened at higher level but rupee looking strong so keep sell on rise view. For intraday 66.9 and 67.05 are resistance zones as well as stoploss levels. On downside 66.6 and 66.4 are support as well as target zones.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.