IMV FOREX UPDATE
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πŸ’‰ India's first COVID-19 vaccine, COVAXIN, by Bharat Biotech gets DCGI nod for human clinical trials

Hyderabad: The country's 'first' indigenous COVID-19 vaccine COVAXIN, developed by city-based Bharat Biotech in collaboration with ICMR and NIV, has got the nod for human clinical trials from the Drug Controller General of India, the company said on Monday.

The Phase I and Phase II clinical trials of the vaccine for SARS-CoV-2, approved after pre-clinical studies demonstrated safety and immune response, would start across the country next month.
🏦 RBI intervention taking out all the Dollar inflows.

πŸ’±πŸ’² Now, check out our currency levels and prepare your trading strategy accordingly.

Click on the link and find out technical support and resistance levels of USDINR, Dollar Index, JPYINR, EURUSD, GBPJPY, and other currency pairs. πŸ‘‡πŸ‘‡

Click - https://indianmarketview.com/rbi-intervention-taking-out-all-the-dollar-inflows/



Indian Market View
πŸ’± Major Currency pairs update (7th July 2020)

πŸ¦πŸ’΅ RBI intervention halt in Rupee positive march.

Read technical support and resistance levels of USDINR, Dollar Index, GBPINR and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/rbi-intervention-halt-in-rupee-positive-march/



Indian Market view
πŸ’΅πŸ’΅ Rupee slips on rising COVID-19 cases.

πŸ‘€ Concentrate on today's fresh technical support and resistance levels of USDINR, Dollar Index, EURINR, EURUSD, EURGBP, and AUDNZD . (8th July 2020)

Kindly go through the link for our blog update. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/rupee-slips-on-rising-covid-19-cases-major-currency-pairs-update/



Indian Market View
**πŸ’Ή Domestic unit supported by continuous Foreign Fund inflow **πŸ’΅πŸ’Ά

Click below and read technical support and resistance levels of USDINR, Dollar Index, GBPINR and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/domestic-unit-supported-by-continuous-foreign-fund-inflow/

Read our morning blog updates on a regular basis.



Team Indian Market View
XAG/USD Silver Spot

XAG/USD looks extremely positive on the chart. It gave a major breakout on the Weekly chart.

If it will manage to give a close above the trend line, we can expect it to touch $19.20---$19.65 levels in the days to come.

One can buy it on panic around $18.40 with a stop loss below its major support level of $17.85.

The trend remains buying on dips!

Trade with levels only.
πŸ’Ή πŸ’± Major Currency pairs update (10th July 2020)

Renewed worries of lockdown weighing down on domestic unit.

Read technical support and resistance levels of USDINR, Dollar Index, JPYINR, EURUSD, EURJPY, and USDCAD. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/renewed-worries-of-lockdown-weighing-down-on-domestic-unit/



Indian Market View
Weekly Update on Major International Commodities

Click on the link to find out major support and resistance levels along with trading strategies of

πŸ‘‰ Gold Spot (XAUUSD)
πŸ‘‰ Copper Futures
πŸ‘‰Brent Oil Futures

πŸ–±οΈ https://indianmarketview.com/international-commodities-weekly-update/




Team Indian Market View
Big Shots- Indian Market View

βœ’οΈ Record high coronavirus infection have cast doubt on the pace of economic growth.

βœ’οΈ Fear of complete lockdown-2 because of rapid increase in coronavirus cases.

βœ’οΈ Indian Market View pray for a quick recovery for all Corona patients.

βœ’οΈ FED stimulus kept wall street at all time high.

βœ’οΈ Nifty future has support at 10570 and 10331 while resistance at 11165. Any sharp downside panic will be buying opportunity in it.

βœ’οΈ Bank Nifty trend is positive and any sharp downside panic will be buying opportunity in it.

βœ’οΈ Bank Nifty has support at 21500---20800. Upside target looks 25000

βœ’οΈ Expect volatility/pain on Monday as well as on Tuesday too.

βœ’οΈ Upcoming week will be a trend decider for most of the stock. So trade safely.

βœ’οΈ Reliance Industries is our top pick. Fresh holding long from 1825 levels.

βœ’οΈ Next bet on Sun Pharma. Soon we will provide chart idea on it.

βœ’οΈ Keep an eye on Pharma, Steel and Energy sector stocks.

βœ’οΈ India VIX... Ready to jump again.

βœ’οΈ *Investment Pick- SPARC. Stop loss below 140 on a closing basis. (3---5 months)*

βœ’οΈ *Investment Pick- Thermax. Stop loss below 550 on a closing basis. (8---12 months)*

βœ’οΈ INR looks weak against all major currency like USD, EUR, JPY and GBP. Any sharp downside panic will be buying opportunity in the upcoming week.

βœ’οΈ Those are holding short can book full profit around 75.00 in USDINR.

βœ’οΈ Bullion will trade both side. So trade with in and out strategy.

βœ’οΈ Gold/Silver ratio looks weak on the chart. Close below 94.00 will create havoc in it.

βœ’οΈ Base metal trend is positive. Stop loss triggered in Copper and skyrocketed.

βœ’οΈ *Top Pick- Nickel. Buy in panic with stop loss below 980 on a closing basis. Target looks 1060+++*

βœ’οΈ 2900 will be the stop loss for Crude oil while Natural gas looks choppy for the upcoming week.

βœ’οΈ German 30 or DAX 30 trend is positive on the chart. Don't jump to sell global equity markets.

βœ’οΈ Dollar Index is at make or break levels. Corona cases will impact positive on it.

βœ’οΈ Sell USD/CHF around 0.9400. Stop loss 0.9500. Target 0.9250----0.9100

βœ’οΈ Bet on Edible oil (Soyabean, CPO, Rmseed and Soya oil) and Guarseed. Looks good for short term.

βœ’οΈ Focus on US Retails sales, Jobless claim, Baker Hughes weekly survey on US oil rigs.

πŸ™πŸ™If you have query related to market then feel free to call your RM. For more details, Visit: www.indianmarketview.com

Or mail us- research@indianmarketview.com😊😊
πŸ’±πŸ’² The currency market is trading flat amid mixed sentiments.

πŸ’Ή Read technical outlook of majorπŸ’²currency pairs. (13th July 2020)

Find out technical support and resistance levels of USDINR, Dollar Index, EURINR, EURUSD, NZDUSD, and GBPJPY. πŸ‘‡.

Click πŸ–±οΈ - https://indianmarketview.com/the-currency-market-is-trading-flat-amid-mixed-sentiments/



Indian Market View
πŸ’΅πŸ’΅ Rupee steady as the clinical trials of vaccine begin πŸ’‰

Click below and read technical support and resistance levels of USDINR, Dollar Index, GBPINR and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/rupee-steady-as-the-clinical-trials-of-vaccine-begin-major-currency-pairs-technical-levels/



Indian Market View
πŸ’Ή πŸ’± Major Currency pairs update (16th July 2020)

Rise in the prices of crude drove the currency weaker.

Read technical support and resistance levels of USDINR, Dollar Index, JPYINR, EURUSD, USDJPY, and EURGBP. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/rise-in-the-prices-of-crude-drove-the-currency-weaker/




Indian Market view
πŸ’Ή πŸ’± Major Currency pairs update (17th July 2020)

πŸ’΅πŸ’΅ Currency pairs moving in a narrow range amid uncertainties in the market.

Click on the link to find out major support and resistance levels along with trading strategies of USDINR, Dollar Index, GBPINR, EURUSD, USDJPY, and EURJPY.

Link - https://indianmarketview.com/currency-pairs-moving-in-a-narrow-range-amid-uncertainties-in-the-market/



Indian Market view
Gold-Silver Ratio (XAU/XAG)

The major trend in XAU/XAG is negative. It has been trading in a range this week.

The major support is seen at 93.00 and the major resistance is at 97.20 for now.
Break and close below 93.00 will see a continuous crash till 89.50---86.00 levels in the coming days.

We can go for fresh buying only on a close above 97.20.

Silver is likely to remain positive in comparison to Gold.

Trade with levels only.
πŸ’΅πŸ’΅ Rupee edged up due to fall in oil prices

πŸ’Ή Read technical outlook of majorπŸ’²currency pairs. (20th July 2020)

Find out technical support and resistance levels of USDINR, Dollar Index, EURINR, EURUSD, AUZNZD, and EURJPY. πŸ‘‡.

Click πŸ–±οΈ - https://indianmarketview.com/major-currency-pairs-update-for-today/




India Market View
πŸ’Ή πŸ’± Major Currency pairs update (21st July 2020)

πŸ—ΊοΈ Worldwide Covid-19 crossed 1.45 crore, currency range-bound

Read technical support and resistance levels of USDINR, Dollar Index, GBPINR, EURUSD, AUZNZD, and GBPJPY. πŸ‘‡πŸ‘‡

Link -https://indianmarketview.com/major-currency-pairs-technical-outlook-for-the-day/



India Market View
Conflict between US and China impacting the market.

πŸ’Ή Read technical outlook of majorπŸ’²currency pairs. (23rd July 2020)

Find out technical support and resistance levels of USDINR, Dollar Index, JPYINR, EURUSD, AUDUSD, and EURGBP. πŸ‘‡.

Click πŸ–±οΈ - https://indianmarketview.com/conflict-between-us-and-china-impacting-the-market/


India Market View
πŸ’ΉπŸ’± Gains in equity failed to provide support to the domestic unit.

Click below and read technical support and resistance levels of USDINR, Dollar Index, GBPINR and other currency pairs. πŸ‘‡πŸ‘‡

Link - https://indianmarketview.com/gains-in-equity-failed-to-provide-support-to-the-domestic-unit/



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