Last Week we gave Weekly Trend Level of 73.56 We got entry on both long and short side, Long did 2 target on upside and short all target on downside. Below is the analysis and level for trading for Current Week. High of 74.40 made Exactly on 31 Oct and price showed a big correction.… Read More »
Last Week we gave Weekly Trend Level of 73.58 We got entry on 23 Oct low made was 73.11 unable to do our target of 72.58. Below is the analysis and level for trading for Current Week. Major Trend Change date for INR for October Month 15 Oct — High Made in Last Week… Read More »
Last Week we gave Weekly Trend Level of 74 We got entry on 15/16 Oct as High made was 74.2/74.05, Closed below 74 on both days,corrected all the way till 73.35 on Friday near our target of 73.3. USD INR has made top as per gann angle, and break of 73.3 can see further weakness… Read More »
India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. On Technical Front… Read More »
Rupee breached the psychological mark of 60 per dollar,Rupee has rebounded 15%. In the January-March quarter alone, the rupee has gained 3.6%, making it the second best performer in the region. Lets analyze rupee move in coming week as we have crucial RBI policy. USD INR Hourly INR is trading at the lower end of… Read More »
In Our last analysis, Indian Rupee heading for 61-62 levels,Weekly Analysis Rupee made low of 61.5 and bounced back. Now lets analyze rupee movement for coming week. USD INR Hourly USD INR Hourly charts from MT4 platform are getting resisted at top of the Fibo channel any move above it can see rupee moving back… Read More »
In Our last analysis, Has Indian Rupee made Short term Top, Weekly Analysis Rupee made the top and started correcting achieved our last target of 64.4. Lets analyze where is Rupee heading in coming week we have crucial event as Fed Tapering and RBI Policy. USD INR Hourly USD INR Hourly charts have pulled back… Read More »
USD INR Hourly USD INR Hourly charts have pulled back from Fibo Channel and heading towards the support of 65. Holding the same bounce back can be expected. towards recent high again where it might form a double top and start its bearish journey. USD INR Daily USD INR chart As par Gann Fann INR… Read More »
The rupee fell past 69 to the dollar to a record low on Wednesday, plunging as much as 4 per cent to hit 69.08, The rupee has fallen by 9 % in the last few trading sessions. Here are 10 main reasons that experts say are responsible for the Indian rupee — which has depreciated… Read More »
Nifty has been falling like 9 Pins, Large Caps have turned to Mid Caps, Mid Caps into Small Caps. Retailers are running away from market, But one talk i always hear when i talk to anyone related to market FII’s are manipulating Indian Market and they never lose money. Well let me put some justification… Read More »