Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

USD INR 4 Hourly Chart Analysis

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CMP : Rs48.9/Dollar

USDINR EOD chart is shown with 13-13 period Wilders Moving average. There is buy signal on the chart since 8th August as the candle closes above the upper channel Rs44.76 of the 13-13 Wilders moving average channel since then there is a strong uptrend(Weaker Currency) and had gained more than 10%. Now the current supports are near Rs48.6. Closing below 48.6 could offer shorting opportunity in USDINR

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

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