If you want to sell anything from NSE Currencies then I strongly recommend EURINR pair. Use my below levels as targets:
- 69.14
- 68.65
- 67.4
- 66.5
How to use above level?
If it will close below the 69.59 level, then sell it for 69.14. Next, if it will break and close below to 69.14 then sell it for 68.65… continue!
And if it will remain above to 69.59 levels, then watch it only. Buying pressure may push upside up to 70.5 – 70.7 levels.
This is sufficient information for Smart intraday traders!
Are you planning to sell USDINR pair?
Since last 3 months, it’s going downside. If we talk about the current month then it changed -1.8525 (-2.77%). Everybody is talking USDINR will come down more. Yes, I agreed but you must look 64.90 and 64.40 levels. Level 64.90 is crucial support and 64.40 is very strong support.
If it will break crucial support, then you can sell it for 64.40 level. And if it will break 64.40 level then I will say what happen next in next USDINR Technical Report.
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