Day Trading Futures

Status
Not open for further replies.

kiran_thiru

Well-Known Member
USDINR - looks like a downward channel but also seems to be finding support at Rs. 60 spot. Is it worth buying ?

not here i think. usdinr started it's down move from 61.20 (recent high of 23rd april). but one can bet here long @ 60.10 and follow strict sl @ 59.90 (2nd april low @ 59.95), will give a little reward.
 

pratapvb

Well-Known Member
are waiting for some news today ? seems market waiting for some thing ?
mkt w8ing for May 12 exit polls and May 16th results :)

and in the meanwhile bnf trading between these two trend lines for the last few days

 
Last edited:

stock72

Well-Known Member
yes -- that is in cards ..

but it seems market waiting for announcement in next couple of hours ?

mkt w8ing for May 12 exit polls and May 16th results :)

and in the meanwhile bnf trading between these to trend lines for the last few days
 
not here i think. usdinr started it's down move from 61.20 (recent high of 23rd april). but one can bet here long @ 60.10 and follow strict sl @ 59.90 (2nd april low @ 59.95), will give a little reward.
2nd Apr. low was 59.6 (investing.com also shows the same). Today it seems to have made a double bottom @59.95 but hasn't yet crossed 60 effectively. I think closing below 60 will mean further downside. HOD on futures is 60.2050; let's see if that gets breached.



Daily 315 shows downmove.
 
Status
Not open for further replies.

Similar threads