TECHNICAL INSIGHT
USD INR (DEC – Expiry)
USDINR has shown weakness from higher levels. This becomes good “Sell on Rise” candidate.
Sell near 55.20 SL 55.40 for possible TGT of 54.90/54.70/54.50/54.30
EUR INR (DEC – Expiry)
This has remained the strongest pair. Though, it is showing weakness at higher levels. Strong down moves in USDINR can limit the upside in EURINR.
Sell near 73.09 SL 73.20 possible TGT 72.85/72.67/72.54
GBP INR (DEC – Expiry)
Pound can also face selling pressure from higher levels after too sharp spike up. Can be Sold from higher levels.
Sell near 89.55 SL 89.67 possible TGT 89.41/89.29/88.95
JPY INR (DEC – Expiry)
Yen takes cues from USDINR, thus this can also be “Sold at Higher levels”
Sell 65.34 SL 65.52 possible TGT 65.19/65/64.81
USD INR (DEC – Expiry)
USDINR has shown weakness from higher levels. This becomes good “Sell on Rise” candidate.
Sell near 55.20 SL 55.40 for possible TGT of 54.90/54.70/54.50/54.30
EUR INR (DEC – Expiry)
This has remained the strongest pair. Though, it is showing weakness at higher levels. Strong down moves in USDINR can limit the upside in EURINR.
Sell near 73.09 SL 73.20 possible TGT 72.85/72.67/72.54
GBP INR (DEC – Expiry)
Pound can also face selling pressure from higher levels after too sharp spike up. Can be Sold from higher levels.
Sell near 89.55 SL 89.67 possible TGT 89.41/89.29/88.95
JPY INR (DEC – Expiry)
Yen takes cues from USDINR, thus this can also be “Sold at Higher levels”
Sell 65.34 SL 65.52 possible TGT 65.19/65/64.81
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