Intraday Currency Option: Buy USDINR 23 JULY

• July 20, 2021
• By BIPRO HALDAR
• 62 Views 263 comments

USDINR | A complete Indian Rupee currency overview by MarketWatch. View the currency market news and exchange rates to see currency strength. Wait for USDINR to travel to range extremes, i.e, buy when it settles between 68.25/30 on spot or closer and sell when it travels towards 68.90/69.00 on spot or closer. Replying to @himanshudc10. Himanshu, CDS is under NSE (Currency), whereas BCD is under BSE (Currency). USDINR is the currency pair traded on both these exchanges. Lot size for all currency pair is 1000 quantity. This means minimum 1000 quantity or in multiple of 1000 is the traded unit for currency derivatives. Example: Suppose you want to purchase 1 lot of USDINR at Rs. … 70000/- (Rs. 70 * 1000 quantity of USD). You can trade BSE currency derivatives in Zerodha by adding the BCD (BSE Currency Derivatives) contract on Kite Marketwatch as shown below: Your BCD position will show up in CDS (NSE Currency Derivatives Segment) by default on the next day.

Script Name –USDINR

Expire Date-23 JULY

Strike Price-CE 74.75

Buy Price –0.1-0.12

Profit Target-0.27

Stop Loss-0.02

Call Duration-INTRADAY

Disclaimer : Trading in the stock market, currency, or commodity markets is risky and has the potential to lose money. –Atal Trade Effort calls you after analyzing all aspects of all stocks. Investing is a personal matter. However, only one. The risk of loss in trading and investment in Securities markets including Equities, Derivatives, commodities, and Currency can be substantial. All products that carry a substantial risk of loss up to your invested capital. It May not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You invest a portion of your total money that will not be affected by the loss. Never put all your money into trading and never borrow money for the business.