Price action positional trade forecast for EURINR on 13th January
As seen in the daily price chart EURINR is in downtrend. I found bearish price action signal in EURINR. Today I am in a short position in EURINR. I placed my sell order of EURINR at the closing bell i.e at 4.55 pm.Tomorrow I hope gap down in EURINR at the opening bell of currency market. Tomorrow my target for EURINR will be 25 points and High of 12 th january will be my stop loss.Have a look of daily price chart of EURINR.
Daily price chart of EURINR as on 12 th January
Price action positional trade forecast in JPYINR on 13th January
Today at the opening bell of currency market JPYINR opened gap up and finally at the closing bell it closed down.I observed bearish price action signal in JPYINR. I placed my sell order in JPYINR at the closing bell of currency market at 4.55 pm. Tomorrow I expect gap down in JPYINR at the opening bell. Have a look at daily price chart of JPYINR.
Daily price chart of JPYINR as on 12th January
Price action positional trade forecast in Nifty Future on 13th January.
As seen in the daily price chart of Nifty I found bullish price action signal.Today I am in long position in nifty. I placed my buy order in Nifty at the closing bell at 3.25 Pm. Tomorrow I expect gap up in Nifty at the opening bell. Tomorrow my target will be 30 points and my stop loss is low of 12th Jan.Just have a look of buying pressure in Nifty as on 12th Jan.
Daily price chart of Nifty Future as on 12 th Jan.
I will update the result tomorrow.
Result update for price action positional trade in EURINR JPYINR and Nifty Future on 13th January
Today market was reversed. I was expecting Gap Down as per the price action signal.My stop loss trigerred in JPYINR at the opening bell of currency market.I was waiting for my target in EURINR. I squareoff my position in EURINR and booked 5 points profit in the afternoon.
There was a Gap Up in Nifty at the opening bell. I booked 25 points profit in Nifty Future at the opening bell.
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