Wealth Maker

Tuesday, 25 June 2013

USDINR AND NIFTY VIEW

USDINR VIEW

Dollar Rupees (USD INR) from last week to rallied almost 5% and from lows of 57.66 to high at 60.17. USDINR last closed at 59.77 with gains of 0.0625 paise. It’s overall trend still upward. Today USDINR is looking weak and it can touch 59.55-59.45 but when it breaks 59.64. If Dollar Rupees open upwardly then wait for 59.78 either buys at opening bell. It will hit 59.84-59.88-59.95 above.

NIFTY VIEW>>>>>>>>> If today opening around this level 5619 -5624 and trade above it then NF climb up to 5678 And crossover to this will take till 5705/5725 is possible.

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