➡️ Rupee shoots up after RBI announced stimulus measures
The rupee opened on a positive note against the US Dollar after RBI cut its repo rate by 25 bps on Friday to boost liquidity into the system. Stimulus measures were also announced to boost liquidity into the system.
Technical outlook: (April 2020)
Dollar Index
Dollar index has its support at 99.60 and resistance is seen at 100.00.
Break and sustain above 100.00 will take it to 100.40---100.80 levels or else it can touch its support level of 99.60 again.
Buy it on dips!
Trade with levels only
▶️ JPYINR
Support is 70.80 Resistance is 71.30.
Break and sustain below 70.80 will take it to 70.30---69.80 levels else could touch its resistance level of 71.30 mark.
Fresh buying can be done on a close above 71.30.
Trade with levels only
▶️ EURINR
Support 83.00 Resistance is 83.50
Break and sustain below 83.00 will take it to 82.50—82.00 levels else could touch its resistance level of 83.50 mark.
Fresh buying can be done on a close above 83.50.
Trade with levels only
▶️ USDINR
Support is 76.4 Resistance is 76.80.
Break and sustain above 76.80 will take it to 77.10---77.40 levels else could touch its support level of 76.40 mark.
* Buy it on dips!*
Trade with levels only
▶️ GBPINR
Support is 94.90 Resistance is 95.70.
Break and sustain below 94.90 will take it to 94.00---93.50 levels else could touch its resistance level of 95.70 mark.
Fresh buying can be done on a close above 95.70.
Trade with levels only
EURUSD
It has major support at 1.0810 and resistance is 1.0880.
Break and sustain below 1.0810 will take it up to 1.0740---1.0680 levels or else it can touch its resistance level of 1.0880 again.
Sell it on rise!
Trade with levels only
DESCRIPTION :
The rupee is trading at a positive note against USD after RBI slashed its repo rate by 25 bps and announced stimulus measures. These are level updates on Dollar Index, EURUSD, USDINR, and other currency pairs.
Team Indian Market View
The rupee opened on a positive note against the US Dollar after RBI cut its repo rate by 25 bps on Friday to boost liquidity into the system. Stimulus measures were also announced to boost liquidity into the system.
Technical outlook: (April 2020)
Dollar Index
Dollar index has its support at 99.60 and resistance is seen at 100.00.
Break and sustain above 100.00 will take it to 100.40---100.80 levels or else it can touch its support level of 99.60 again.
Buy it on dips!
Trade with levels only
▶️ JPYINR
Support is 70.80 Resistance is 71.30.
Break and sustain below 70.80 will take it to 70.30---69.80 levels else could touch its resistance level of 71.30 mark.
Fresh buying can be done on a close above 71.30.
Trade with levels only
▶️ EURINR
Support 83.00 Resistance is 83.50
Break and sustain below 83.00 will take it to 82.50—82.00 levels else could touch its resistance level of 83.50 mark.
Fresh buying can be done on a close above 83.50.
Trade with levels only
▶️ USDINR
Support is 76.4 Resistance is 76.80.
Break and sustain above 76.80 will take it to 77.10---77.40 levels else could touch its support level of 76.40 mark.
* Buy it on dips!*
Trade with levels only
▶️ GBPINR
Support is 94.90 Resistance is 95.70.
Break and sustain below 94.90 will take it to 94.00---93.50 levels else could touch its resistance level of 95.70 mark.
Fresh buying can be done on a close above 95.70.
Trade with levels only
EURUSD
It has major support at 1.0810 and resistance is 1.0880.
Break and sustain below 1.0810 will take it up to 1.0740---1.0680 levels or else it can touch its resistance level of 1.0880 again.
Sell it on rise!
Trade with levels only
DESCRIPTION :
The rupee is trading at a positive note against USD after RBI slashed its repo rate by 25 bps and announced stimulus measures. These are level updates on Dollar Index, EURUSD, USDINR, and other currency pairs.
Team Indian Market View
➡️ Rupee weakens as Greenback rises
Want to know technical support and resistance levels in detail..!! 🤔
Click on the link below for major pairs of currency levels 👇
https://indianmarketview.com/major-currency-pair-levels/
Want to know technical support and resistance levels in detail..!! 🤔
Click on the link below for major pairs of currency levels 👇
https://indianmarketview.com/major-currency-pair-levels/
Indian Market View
Rupee weakens as greenback rises. Major currency pair levels update.
The rupee is trading on a negative note against the US dollar, These are level updates on Dollar Index, EURUSD, USDINR, and other major currency pairs.
IMV FOREX UPDATE
✅ Natural Gas ⛽ had been in continuous panic and in an indecisive trend. Now, it has given a reversal on the chart. How far it can go on upside?? Click on the link and read the same 👇👇 https://indianmarketview.com/natural-gas-comex-and-mcx-level/ Also read…
➡️ FOREX UPDATE - Our weekly update of Natural gas is on fire 🔥🔥
In our Sunday weekly update on Natural Gas ⛽ we had clearly mentioned that Natural Gas has resistance at $ 1.820 levels and above that it can fly.
See what happened??
Natural Gas skyrocketed 🚀🚀 from $1.820 and hit 1.937, our initial target of 1.920 achieved successfully.
Keep profit booking and revise stop loss at cost.
Read our weekly update here what we had mentioned 👇👇
https://indianmarketview.com/natural-gas-comex-and-mcx-level/
Team Indian Market View
In our Sunday weekly update on Natural Gas ⛽ we had clearly mentioned that Natural Gas has resistance at $ 1.820 levels and above that it can fly.
See what happened??
Natural Gas skyrocketed 🚀🚀 from $1.820 and hit 1.937, our initial target of 1.920 achieved successfully.
Keep profit booking and revise stop loss at cost.
Read our weekly update here what we had mentioned 👇👇
https://indianmarketview.com/natural-gas-comex-and-mcx-level/
Team Indian Market View
Indian Market View
Natural Gas had been in a continuous panic but not anymore.
Natural gas had been in a continuous panic and in an indecisive trend. Now, it has given reversal on the chart and made Bullish engulfing pattern.
Forwarded from Indian Market View Commodity Channel (SEBI Registered)
Nymex Update
Our sell call in Crude oil👍👍👍
Crashed from $16.20>>>$13.80.
Gain of more than $2000💰💰
Now, what to expect???
Support at $13.00. Break and close below $13.00 will take it to $10.50---$9.00 in days to come.
Hurdle and revise stop loss at cost.
Are a you a forex lover... Then don't miss to join Indian Market View
Our sell call in Crude oil👍👍👍
Crashed from $16.20>>>$13.80.
Gain of more than $2000💰💰
Now, what to expect???
Support at $13.00. Break and close below $13.00 will take it to $10.50---$9.00 in days to come.
Hurdle and revise stop loss at cost.
Are a you a forex lover... Then don't miss to join Indian Market View
NASDAQ Composite
NASDAQ was unable to sustain above its hurdle of 8620, hence slipped.
Now what to expect?
It seems that NASDAQ has taken a U-turn from the recent high of 61.8% retracement level and we can expect a downside move from here onwards.
It has its immediate support at 8200, break and close below it will see a sharp downside move till 7650---7420---7070 levels in the coming days.
The major hurdle is seen at 8700.
Trade with levels only.
NASDAQ was unable to sustain above its hurdle of 8620, hence slipped.
Now what to expect?
It seems that NASDAQ has taken a U-turn from the recent high of 61.8% retracement level and we can expect a downside move from here onwards.
It has its immediate support at 8200, break and close below it will see a sharp downside move till 7650---7420---7070 levels in the coming days.
The major hurdle is seen at 8700.
Trade with levels only.
Indian Market View Commodity Channel (SEBI Registered)
Nymex Update Our sell call in Crude oil👍👍👍 Crashed from $16.20>>>$13.80. Gain of more than $2000💰💰 Now, what to expect??? Support at $13.00. Break and close below $13.00 will take it to $10.50---$9.00 in days to come. Hurdle and revise stop loss at cost.…
Forex Update
Crude oil... Almost target achieved of $11.00. Recent low $11.01
Keep profit booking and revise stop loss above $14.00 Told to fresh sell below $13.00. Holding short from $16.20.
Crude oil... Almost target achieved of $11.00. Recent low $11.01
Keep profit booking and revise stop loss above $14.00 Told to fresh sell below $13.00. Holding short from $16.20.
XAU/XAG (Gold-Silver ratio)
XAU/XAG has corrected up to 50% from the recent rally in it. Now it has formed a strong support at 107.50 levels.
The immediate hurdle is seen at 115.00, break and close above it will see 123.00---128.00---132.00 levels in the coming days.
The major trend is positive, that means Gold will remain positive for the time being in comparison to Silver or Silver will become weak while Gold will trade in a range.
We can go for fresh selling only below 107.50 levels.
Trade with levels only.
XAU/XAG has corrected up to 50% from the recent rally in it. Now it has formed a strong support at 107.50 levels.
The immediate hurdle is seen at 115.00, break and close above it will see 123.00---128.00---132.00 levels in the coming days.
The major trend is positive, that means Gold will remain positive for the time being in comparison to Silver or Silver will become weak while Gold will trade in a range.
We can go for fresh selling only below 107.50 levels.
Trade with levels only.
Forwarded from Indian Market View Commodity Channel (SEBI Registered)
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VIEW IN TELEGRAM
Crude oil... Book full profit around $8.00
Crude oil... Crashed more than 60% in a day. Still thinking for joining us... Need not to worry at all. Watch more!!
Crude oil... Crashed more than 60% in a day. Still thinking for joining us... Need not to worry at all. Watch more!!
WTI CRUDE OIL
Support at $12.75 and resistance at $14.25.
Either side break or close with volume will decide further.
Below 12.75... Target looks $10.50---$9.00
Above $14.25... Target looks $16---$17.50
Trade with levels only.
Support at $12.75 and resistance at $14.25.
Either side break or close with volume will decide further.
Below 12.75... Target looks $10.50---$9.00
Above $14.25... Target looks $16---$17.50
Trade with levels only.
Crude oil... $11.25. Keep profit booking and revise stop loss at cost.
Told to sell below $12.75. Gain of more than $1500.
Told to sell below $12.75. Gain of more than $1500.
➡️ Rupee falls near record low level
Want to know technical support and resistance levels in detail..!! 🤔
Click on the link below for trading levels of major currency pairs. 👇
https://indianmarketview.com/dollar-index-and-other-currency-pairs-update/
Want to know technical support and resistance levels in detail..!! 🤔
Click on the link below for trading levels of major currency pairs. 👇
https://indianmarketview.com/dollar-index-and-other-currency-pairs-update/
Indian Market View
Rupee falls near-record low level. Currency update for today.
The rupee is trading at a negative note against USD which was followed by a sell-off in the Indian equities due to growing concerns of the economy. These are level on Dollar Index, and other currency pairs.
➡️ DOW JONES 30 Futures
Dow Jones has retraced up to 50% from the bottom and is now showing signs of a reversal to the downside.
It has its immediate support at 22800, break and close below it will see 21950---21200---20500 levels in the days to come
The major resistance is seen at 24350.
The major trend is weak. ⬇️⬇️
Trade with levels only.
Dow Jones has retraced up to 50% from the bottom and is now showing signs of a reversal to the downside.
It has its immediate support at 22800, break and close below it will see 21950---21200---20500 levels in the days to come
The major resistance is seen at 24350.
The major trend is weak. ⬇️⬇️
Trade with levels only.
Crude oil... Catch it.
Above $12.50... We will see rally full $16---$19
Support and stop loss below $10.00 on a closing basis.
Above $12.50... We will see rally full $16---$19
Support and stop loss below $10.00 on a closing basis.
IMV FOREX UPDATE
Crude oil... Catch it. Above $12.50... We will see rally full $16---$19 Support and stop loss below $10.00 on a closing basis.
Crude oil... Skyrocketed. Target achieved of $16.00.
Keep profit booking and revise stop loss at your buying cost.
Keep profit booking and revise stop loss at your buying cost.
Crude oil Update
Support at $13 and resistance at $16.20.
Break below $13.00 will take it to $10---$8 else it could test it's resistance again.
Above $16.20... Catch it.
We will see sharp upside rally till $20---$24.
Have patience and wait for confirmation.
Support at $13 and resistance at $16.20.
Break below $13.00 will take it to $10---$8 else it could test it's resistance again.
Above $16.20... Catch it.
We will see sharp upside rally till $20---$24.
Have patience and wait for confirmation.
Copper Update
Looks positive above $2.2920 for an upside target of $2.32---$2.35.
Support and stop loss below 2.27
Looks positive above $2.2920 for an upside target of $2.32---$2.35.
Support and stop loss below 2.27
➡️ USDINR
USDINR slipped from its record high level and broke its major support level of 76.30.
If it will manage to give a close 76.30, then we can expect 75.60---75.10 in the coming days.
The immediate resistance is seen at 76.70.
Trade with levels only.
USDINR slipped from its record high level and broke its major support level of 76.30.
If it will manage to give a close 76.30, then we can expect 75.60---75.10 in the coming days.
The immediate resistance is seen at 76.70.
Trade with levels only.