Sensex Outlook

The level 17500 is very crucial..if it breaks and trades above this level, then it could test 19800. Instead, if it fails to trade above this level, then it could decline towards 12000 levels.

Kindly check the graph

Rupee- Risk Reward

Sub: Rupee Technical View (Buy on Dips)

Buy at 49.50 (1st Stop Loss at 49.10 and worst case scenario 2nd Stop Loss will be at 47.60)

Risk at 47.60

Reward: 58 (after 6 to 8 Months Time)

Kindly check the graph and the trailing mail

RupeeOutlook

Rupee closed at 51.52…

On Monday looks like it will not go above 51.70…downside 50.80 or 50.30 maximum

If I really know how to study the chart then rupee will not fall below 49.30.

If u want to buy safely with no risk attached then u can go long only when 53.60 breaks…. Upside target 58-62

Dear All

Euro Yesterday closed at 1.2720…whenever u look at Euro quotes, please don’t forget to watch my trailing mail sent on 13th Sept 2011

Kindly check the graph

To
All My Readers
Wishing you a Prosperous New Year