About Me

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Mumbai, Maharashtra, India
Focusing on Treasury-Forex, Commodities, Trade Finance,Equity and International Stock Indices.I have been in Treasury and Forex since 1995.

Saturday, January 19, 2013

Rupee Forecast

Rupee now trading at 53.99



Rupee has been on one way down broke the trendline at 54.40…Sell on rise…Stop Loss 54.7 or 55.10



Technically, immediate target 52.60. Any move below 52.60 will target 51.50 for sure



My Personal Target 51.50 is most likely and should be pretty soon!!


As Veeru says to Jay in the movie Sholay,” Kyon Jay mein kuch jyada tho nahin bol gaya”



On that Jay replies, ” Partner ab bol hi diya hain tho dekh lenge”



Kindly check the Daily and Weekly Graph and the trailing mail



Please Note: This content of this report are based on my personal view.