Sumit I am trading in Indian equity market since 2008 also CMT level 1 certified. I upload all my studies regularly on Price and Volume & Facebook Page . You can follow the blog by registering your mail address in the blog.

USDINR Symmetric traingle Pattern in Daily Charts

26 sec read

USDINR(Weekly)20130324165353

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USD- INR is forming a huge symmetric triangle  on weekly chart. Breakout levels are market in blue line on the chart. Break on either side will give Rs 8.7 move. On upside break of 55.25 target is 64 while break of 53 gives target of  44.5.

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.

 

 

Sumit I am trading in Indian equity market since 2008 also CMT level 1 certified. I upload all my studies regularly on Price and Volume & Facebook Page . You can follow the blog by registering your mail address in the blog.

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