4.Jul.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 27-Jul-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 68.28 / 68.23 / 68.13 . And the upperside, it has Strong Resistance @ 68.38 upperside, it may test Resistance Levels such as 68.43 / 68.53 / 68.58 . Currently USDINR is Trading @ 68.34

EURINR ( 27-Jul-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.87 / 75.73 / 75.66 . And the upperside, it has Strong Resistance @ 75.94 upperside, it may test Resistance Levels such as 76.08 / 76.15 / 76.29 . Currently EURINR is Trading @ 76.00

GBPINR ( 27-Jul-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 90.70 / 90.48 / 90.10 . And the upperside, it has Strong Resistance @ 91.08 upperside, it may test Resistance Levels such as 91.29 / 91.67 / 91.89 . Currently GBPINR is Trading @ 90.91

 JPYINR ( 27-Jul-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 66.37 / 66.73 / 66.92 . And the lower side , it has Strong Support @ 66.18 downside, it may tank to near support Levels such as 65.82 / 65.63 / 65.27 . Currently JPYINR is Trading @ 66.00

4.Jul.2016 - NSE BOND FUTURES TIPS

Interest Rate Futures - RUPEEDESK 
( Paper Trading Practice for Currency Segment Interest Rate Futures (IRF) Bond Futures) 
 REGISTER FOR FREE INTEREST RATE FUTURES - WHATSAPP NO : +91- 9841986753 

8:00 AM : Buy 772GS2025 (JUL) SA 101.03 SL 100.92 Target 101.13 / 101.21 / 101.29
8:00 AM : Sell 772GS2025 (JUL) SB 100.87 SL 100.98 Target 100.77 / 100.69 / 100.61

8:00 AM : Buy 759GS2026 (JUL) SA 101.21 SL 101.10 Target 101.31 / 101.39 / 101.47
8:00 AM : Sell 759GS2026 (JUL) SB 101.05 SL 101.16 Target 100.95 / 100.87 / 100.79

8:00 AM : Buy 788GS2030 (JUL) SA 102.14 SL 102.03 Target 102.24 / 102.32 / 102.40
8:00 AM : Sell 788GS2030 (JUL) SB 101.98 SL 102.09 Target 101.88 / 101.80 / 101.72

8:00 AM : Buy 761GS2030 (JUL) SA 100.35 SL 100.24 Target 100.45 / 100.53 / 100.61
8:00 AM : Sell 761GS2030 (JUL) SB 100.19 SL 100.30 Target 100.09 / 100.01 / 99.93

4.Jul.2016 - FREE CURRENCY USDINR OPTION TIPS

Currency USDINR CALL Option Tips 
( Paper Trading Practice for Currency Option Tips 
Register For Free Currency OptionTips Trial: http://rupeedesk.in/rupeedeskfree-calls 
STRIKE 66.50 CE : Buy USDINR (JUL) Call Option SA 1.21 SL 1.13 Target 1.25 / 1.28 / 1.32
STRIKE 66.50 CE : Sell USDINR (JUL) Call Option SB 1.05 SL 1.13 Target 1.01 / 0.98 / 0.94

STRIKE 67.00 CE : Buy USDINR (JUL) Call Option SA 0.79 SL 0.71 Target 0.83 / 0.86 / 0.90
STRIKE 67.00 CE : Sell USDINR (JUL) Call Option SB 0.63 SL 0.71 Target 0.59 / 0.56 / 0.52

STRIKE 67.50 CE : Buy USDINR (JUL) Call Option SA 0.48 SL 0.40 Target 0.52 / 0.55 / 0.59
STRIKE 67.50 CE : Sell USDINR (JUL) Call Option SB 0.32 SL 0.40 Target 0.28 / 0.25 / 0.21

STRIKE 68.00 CE : Buy USDINR (JUL) Call Option SA 0.29 SL 0.21 Target 0.33 / 0.36 / 0.40
STRIKE 68.00 CE : Sell USDINR (JUL) Call Option SB 0.13 SL 0.21 Target 0.09 / 0.06 / 0.02

STRIKE 68.50 CE : Buy USDINR (JUL) Call Option SA 0.18 SL 0.10 Target 0.22 / 0.25 / 0.29

Currency USDINR Put Option Tips 
( Paper Trading Practice for Currency Option Tips) 
Register For Free Currency OptionTips Trial: http://rupeedesk.in/rupeedeskfree-calls 
STRIKE 66.50 PE : Buy USDINR (JUL) Put Option SA 0.13 SL 0.05 Target 0.17 / 0.20 / 0.24

STRIKE 67.00 PE : Buy USDINR (JUL) Put Option SA 0.20 SL 0.12 Target 0.24 / 0.27 / 0.31

STRIKE 67.50 PE : Buy USDINR (JUL) Put Option SA 0.38 SL 0.30 Target 0.42 / 0.45 / 0.49
STRIKE 67.50 PE : Sell USDINR (JUL) Put Option SB 0.22 SL 0.30 Target 0.18 / 0.15 / 0.11

STRIKE 68.00 PE : Buy USDINR (JUL) Put Option SA 0.68 SL 0.60 Target 0.72 / 0.75 / 0.79
STRIKE 68.00 PE : Sell USDINR (JUL) Put Option SB 0.52 SL 0.60 Target 0.48 / 0.45 / 0.41

STRIKE 68.50 PE : Buy USDINR (JUL) Put Option SA 1.09 SL 1.01 Target 1.13 / 1.16 / 1.20
STRIKE 68.50 PE : Sell USDINR (JUL) Put Option SB 0.93 SL 1.01 Target 0.89 / 0.86 / 0.82

01.July.2016: Profit 68 Paise in CURRENCY TIPS, CURRENCY PREMIUM PACK TODAY

01.July.2016: Profit 68 Paise in CURRENCY TIPS

* SHORT GBPINR SB 90.32 SL 90.52 TGT 90.12 / 89.92 / 89.72  (Profit 40 Paise)
* SHORT EURINR SB 75.10 SL 75.40 TGT 75.00 / 74.88 / 74.75   (Profit 10 Paise)
* SHORT USDINR SB 67.68 SL 67.98 TGT 67.60 / 67.50 / 67.40  (Profit 8 Paise)
* BUY JPYINR SA 65.90 SL 65.60 TGT 66.00 / 66.10 / 66.20 (Profit 10 Paise)

Can currency futures help small traders?

Can currency futures help small traders?

Yes, The minimum size of the USDINR futures contract is USD 1,000. Similarly EURINR future contract is EURO 1000, GBPINR future contract is GBP 1000 and JPYINR future contract is YEN 1,00,000. These are well within the reach of most small traders. All transactions on the Exchange are anonymous and are executed on a price time priority ensuring that the best price is available to all categories of market participants irrespective of their size. As the profits or losses in the futures market are also paid / collected on a daily basis, the scope of accumulation of losses for participants gets limited.

Click Here :  Register for Free Currency Tips Two days

Free Currency Tips : USDINR - EURINR - GBPINR - JPYINR

FREE CURRENCY STBT TIPS : 1.Jul.2016

FREE CURRENCY FOREX TIPS - RUPEEDESK 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 
 REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 

4.54 Pm : Sell USDINR (JUL) SB 67.51 SL 67.6200 Target 67.4100 / 67.3300 / 67.25

4.54 Pm : Sell EURINR (JUL) SB 75.14 SL 75.2500 Target 75.0400 / 74.9600 / 74.88

4.54 Pm : Sell GBPINR JUL) SB 89.95 SL 90.0600 Target 89.8500 / 89.7700 / 89.69

4.54 Pm : Sell JPYINR (JUL) SB 65.84 SL 65.9500 Target 65.7400 / 65.6600 / 65.58 

FREE CURRENCY BTST TIPS: 1.Jul.2016

FREE CURRENCY FOREX TIPS - RUPEEDESK 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 
 REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 

4.54 Pm : Buy USDINR (JUL) SA 67.67 SL 67.5600 Target 67.7700 / 67.8500 / 67.93
4.54 Pm : Buy EURINR (JUL) SA 75.30 SL 75.1900 Target 75.4000 / 75.4800 / 75.56
4.54 Pm : Buy GBPINR JUL) SA 90.11 SL 90.0000 Target 90.2100 / 90.2900 / 90.37
4.54 Pm : Buy JPYINR (JUL) SA 66.00 SL 65.8900 Target 66.1000 / 66.1800 / 66.26

Global Forex Tips, 10th Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

4.36 Pm : Buy USDINR (JUL) SA 67.67 SL 67.56 Target 67.77 / 67.85 / 67.93
4.36 Pm : Sell USDINR (JUL) SB 67.51 SL 67.62 Target 67.41 / 67.33 / 67.25
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.80 

4.36 Pm : Buy EURINR (JUL) SA 75.30 SL 75.19 Target 75.40 / 75.48 / 75.56
4.36 Pm : Sell EURINR (JUL) SB 75.14 SL 75.25 Target 75.04 / 74.96 / 74.88
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

4.36 Pm : Buy GBPINR JUL) SA 90.11 SL 90.00 Target 90.21 / 90.29 / 90.37
4.36 Pm : Sell GBPINR JUL) SB 89.95 SL 90.06 Target 89.85 / 89.77 / 89.69
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.50 

4.36 Pm : Buy JPYINR (JUL) SA 66.00 SL 65.89 Target 66.10 / 66.18 / 66.26
4.36 Pm : Sell JPYINR (JUL) SB 65.84 SL 65.95 Target 65.74 / 65.66 / 65.58
 JPYINR (JUL) : INTRADAY TREND : UP SL : 65.70 

Currency Trading Calls, 9th Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 

 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

4.00 Pm : Buy USDINR (JUL) SA 67.72 SL 67.61 Target 67.82 / 67.90 / 67.98

4.00 Pm : Sell USDINR (JUL) SB 67.56 SL 67.67 Target 67.46 / 67.38 / 67.30

 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.80 

4.00 Pm : Buy EURINR (JUL) SA 75.24 SL 75.13 Target 75.34 / 75.42 / 75.50

4.00 Pm : Sell EURINR (JUL) SB 75.08 SL 75.19 Target 74.98 / 74.90 / 74.82

 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

4.00 Pm : Buy GBPINR JUL) SA 89.99 SL 89.88 Target 90.09 / 90.17 / 90.25

4.00 Pm : Sell GBPINR JUL) SB 89.83 SL 89.94 Target 89.73 / 89.65 / 89.57

 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.50 

4.00 Pm : Buy JPYINR (JUL) SA 65.94 SL 65.83 Target 66.04 / 66.12 / 66.20

4.00 Pm : Sell JPYINR (JUL) SB 65.78 SL 65.89 Target 65.68 / 65.60 / 65.52

 JPYINR (JUL) : INTRADAY TREND : UP SL : 65.70 

Global Currency Tips, 8th Session: 1.Jul.2016

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 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

3.06 Pm : Buy USDINR (JUL) SA 67.75 SL 67.64 Target 67.85 / 67.93 / 68.01
3.06 Pm : Sell USDINR (JUL) SB 67.59 SL 67.70 Target 67.49 / 67.41 / 67.33
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.80 

3.06 Pm : Buy EURINR (JUL) SA 75.22 SL 75.11 Target 75.32 / 75.40 / 75.48
3.06 Pm : Sell EURINR (JUL) SB 75.06 SL 75.17 Target 74.96 / 74.88 / 74.80
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

3.06 Pm : Buy GBPINR JUL) SA 90.22 SL 90.11 Target 90.32 / 90.40 / 90.48
3.06 Pm : Sell GBPINR JUL) SB 90.06 SL 90.17 Target 89.96 / 89.88 / 89.80
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.50 

3.06 Pm : Buy JPYINR (JUL) SA 66.01 SL 65.90 Target 66.11 / 66.19 / 66.27
3.06 Pm : Sell JPYINR (JUL) SB 65.85 SL 65.96 Target 65.75 / 65.67 / 65.59
 JPYINR (JUL) : INTRADAY TREND : UP SL : 65.70 

Usdinr Desk Tips, 7th Session: 1.Jul.2016

 REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

2.00 Pm : Buy USDINR (JUL) SA 67.76 SL 67.65 Target 67.86 / 67.94 / 68.02
2.00 Pm : Sell USDINR (JUL) SB 67.60 SL 67.71 Target 67.50 / 67.42 / 67.34
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.80 

2.00 Pm : Buy EURINR (JUL) SA 75.23 SL 75.12 Target 75.33 / 75.41 / 75.49
2.00 Pm : Sell EURINR (JUL) SB 75.07 SL 75.18 Target 74.97 / 74.89 / 74.81
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

2.00 Pm : Buy GBPINR JUL) SA 90.14 SL 90.03 Target 90.24 / 90.32 / 90.40
2.00 Pm : Sell GBPINR JUL) SB 89.98 SL 90.09 Target 89.88 / 89.80 / 89.72
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.65 

2.00 Pm : Buy JPYINR (JUL) SA 66.03 SL 65.92 Target 66.13 / 66.21 / 66.29
2.00 Pm : Sell JPYINR (JUL) SB 65.87 SL 65.98 Target 65.77 / 65.69 / 65.61
 JPYINR (JUL) : INTRADAY TREND : UP SL : 65.70 

RBI REFERENCE RATE FOR INDIAN CURRENCY TODAY: 1.Jul.2016

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RBI REFERENCE RATE

As on 1.Jul.2016 at 12.00Pm Hrs(IST)

USDINR : 67.4410
EURINR : 74.7449
GBPINR : 89.5482
JPYINR  : 65.6700
=======================================================================

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What is Shooting Star: Bearish Reversal Pattern?

What is Shooting Star: Bearish Reversal Pattern?

Shooting Star is a bearish reversal pattern, appearing at market top. Its a small real body with long upper shadow and no lower shadow, which gaps away from the previous candle. This pattern appears in an uptrend. A white candle is seen on first day. Next day, gap up opening happens. This candle appears as a small real body, with upper shadow at least twice as long as the real body. It has no lower shadow.

The pattern indicates that the uptrend is near to an end. Colour of the real body is not important. Gap is not always necessary.

Strategy: A confirmation is required on next day to ensure that uptrend has reversed or closer to the reversal. This confirmation can be in the form of a black candle, a large gap down or a lower close on next trading day.

What is Relative Strength Comparative?

What is Relative Strength Comparative?

Technical analysis offers a few wonderful tools with the help of which, we can check out the Relative Strength Comparative, RSC. As the name suggests, it is a comparative measure of strength vis-à-vis a benchmark or a share or a sector. The best way you can put the RSC to use before initiating a trade is to check out how your scrip has performed historically. It can be against the indices, it's peers in the same sector and or a separate asset class like say, commodities. To that effect, RSC helps in determining which scrip would be the most profitable investment.

Highly volatile scrips rise or fall faster than the indices, but may not make large net moves in any single direction. On the other hand, high RSC scrips will rise faster than the indices but fall slower than the indices in a downturn. To that extent, they are solid market outperformers and have unidirectional upward movement. Needless to say, buying scrips with the highest RSC reading among the available choice of stocks will ensure a greater probability of capital appreciation.

World Forex Tips, 6th Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

1.00 Pm : Buy USDINR (JUL) SA 67.79 SL 67.68 Target 67.89 / 67.97 / 68.05
1.00 Pm : Sell USDINR (JUL) SB 67.63 SL 67.74 Target 67.53 / 67.45 / 67.37
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.80 

1.00 Pm : Buy EURINR (JUL) SA 75.18 SL 75.07 Target 75.28 / 75.36 / 75.44
1.00 Pm : Sell EURINR (JUL) SB 75.02 SL 75.13 Target 74.92 / 74.84 / 74.76
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

1.00 Pm : Buy GBPINR JUL) SA 90.24 SL 90.13 Target 90.34 / 90.42 / 90.50
1.00 Pm : Sell GBPINR JUL) SB 90.08 SL 90.19 Target 89.98 / 89.90 / 89.82
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.75 

1.00 Pm : Buy JPYINR (JUL) SA 66.02 SL 65.91 Target 66.12 / 66.20 / 66.28
1.00 Pm : Sell JPYINR (JUL) SB 65.86 SL 65.97 Target 65.76 / 65.68 / 65.60
 JPYINR (JUL) : INTRADAY TREND : DOWN SL : 66.00 

Free Gbpinr Tips, 5th Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

12.33 Pm : Buy USDINR (JUL) SA 67.81 SL 67.70 Target 67.91 / 67.99 / 68.07
12.33 Pm : Sell USDINR (JUL) SB 67.65 SL 67.76 Target 67.55 / 67.47 / 67.39
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.85 

12.33 Pm : Buy EURINR (JUL) SA 75.18 SL 75.07 Target 75.28 / 75.36 / 75.44
12.33 Pm : Sell EURINR (JUL) SB 75.02 SL 75.13 Target 74.92 / 74.84 / 74.76
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

12.33 Pm : Buy GBPINR JUL) SA 90.22 SL 90.11 Target 90.32 / 90.40 / 90.48
12.33 Pm : Sell GBPINR JUL) SB 90.06 SL 90.17 Target 89.96 / 89.88 / 89.80
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.75 

12.33 Pm : Buy JPYINR (JUL) SA 65.98 SL 65.87 Target 66.08 / 66.16 / 66.24
12.33 Pm : Sell JPYINR (JUL) SB 65.82 SL 65.93 Target 65.72 / 65.64 / 65.56
 JPYINR (JUL) : INTRADAY TREND : DOWN SL : 66.00 

Best Currency Tips, 4th Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

12.06 Pm : Buy USDINR (JUL) SA 67.79 SL 67.68 Target 67.89 / 67.97 / 68.05
12.06 Pm : Sell USDINR (JUL) SB 67.63 SL 67.74 Target 67.53 / 67.45 / 67.37
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.85 

12.06 Pm : Buy EURINR (JUL) SA 75.11 SL 75.00 Target 75.21 / 75.29 / 75.37
12.06 Pm : Sell EURINR (JUL) SB 74.95 SL 75.06 Target 74.85 / 74.77 / 74.69
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.30 

12.06 Pm : Buy GBPINR JUL) SA 90.11 SL 90.00 Target 90.21 / 90.29 / 90.37
12.06 Pm : Sell GBPINR JUL) SB 89.95 SL 90.06 Target 89.85 / 89.77 / 89.69
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 90.75 

12.06 Pm : Buy JPYINR (JUL) SA 65.98 SL 65.87 Target 66.08 / 66.16 / 66.24
12.06 Pm : Sell JPYINR (JUL) SB 65.82 SL 65.93 Target 65.72 / 65.64 / 65.56
 JPYINR (JUL) : INTRADAY TREND : DOWN SL : 66.00 

Trading Forex India Tips, 3rd Session: 1.Jul.2016

REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls 
 ( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

11.08 Am : Buy USDINR (JUL) SA 67.78 SL 67.67 Target 67.88 / 67.96 / 68.04
11.08 Am : Sell USDINR (JUL) SB 67.62 SL 67.73 Target 67.52 / 67.44 / 67.36
 USDINR (JUL) : INTRADAY TREND : DOWN SL : 67.85 

11.08 Am : Buy EURINR (JUL) SA 75.19 SL 75.08 Target 75.29 / 75.37 / 75.45
11.08 Am : Sell EURINR (JUL) SB 75.03 SL 75.14 Target 74.93 / 74.85 / 74.77
 EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.35 

11.08 Am : Buy GBPINR JUL) SA 90.42 SL 90.31 Target 90.52 / 90.60 / 90.68
11.08 Am : Sell GBPINR JUL) SB 90.26 SL 90.37 Target 90.16 / 90.08 / 90.00
 GBPINR JUL) : INTRADAY TREND : DOWN SL : 91.00 

11.08 Am : Buy JPYINR (JUL) SA 65.94 SL 65.83 Target 66.04 / 66.12 / 66.20
11.08 Am : Sell JPYINR (JUL) SB 65.78 SL 65.89 Target 65.68 / 65.60 / 65.52
 JPYINR (JUL) : INTRADAY TREND : DOWN SL : 66.10 

What is Piercing Line: Bullish Reversal pattern?

What is Piercing Line: Bullish Reversal pattern?

It is a bullish reversal pattern. It occurs in a downtrend and is comprised of two candlesticks. The first candlestick is a long black candle, accompanied by high volume. The next candlestick makes a lower low, but then rallies to close above the midpoint of the first candlestick, but not above the opening of that candle. This pattern is one of the first signs that a potential bullish reversal is in play.

Strategy: Traders should wait for the high of the first candlestick to be exceeded prior to taking a long position. Stoploss can be placed below the low of the first candlestick. The more the second candle closes above the mid-point of the first candlestick, the greater the odds of a successful pattern. The potential buyers start thinking that new lows may not hold and perhaps it is time to take long positions.