We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

USD/INR Trading Strategy to Make Money

The strategy for trading USD/INR  is as appended below and we suggest a SELL US Dollar (USD) / Indian Rupee (INR) and one can use the following strategy:-

Sell USD /INR future in the range of 61.15-61.30, Target1: 59.80, Target2: 59.0, Stop loss: 62.10


As the options structure suggests, 62 Call strike continues to see significant addition of open interest in the April series as well while the 61 Call strike holds the highest open interest base. Similarly, we have observed noticeable FII (Foreign Institutional investors) inflows in equity markets, which has already been reflected in sharp rallies in equities and in the strengthening of the Indian rupee. Even though the Indian rupee could see a bounce from its recent lows of 59.80-60, we believe it may see stiff resistance near 61.0-61.3. Hence, we recommend shorting i.e. selling the pair on pullbacks.

However a word of caution is that RBI Governor Raghuram Rajan has done his bit and in case BJP govt comes to power; then he can get an axe from RBI office which will not be good for Indian Rupee Strengthening against dollar.

If you are not comfortable trading the Forex market, best is to use the Indian equity tips and make money like professionals as Indian equity market has least amount of risk associated with it.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9