There is a mother child candlestick pattern or bullish harami. Once it starts moving above 64.70 & holds above that likely it could put end to INR appreciation for sometime & dollar could start moving up against rupee.
We shall look for 65.50-65.70 as the possible target zone- which I will have to come back to see whether that projection will be met. First, we need a move above 64.70 & it should hold above that level.
Fall was too impulsive from 68.35 so Indian Markets jumped like a rocket.
Previous Update- Can Rupee Capsule power Nifty & BankNifty
We shall look for 65.50-65.70 as the possible target zone- which I will have to come back to see whether that projection will be met. First, we need a move above 64.70 & it should hold above that level.
Fall was too impulsive from 68.35 so Indian Markets jumped like a rocket.
Previous Update- Can Rupee Capsule power Nifty & BankNifty
העסקה בוטלה באופן ידני:
18th April2017
Closing this post at 64.57 Price
Closing this post at 64.57 Price
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)