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Friday, January 18, 2013

INR Vs USD@ What Next????

Money Mystery Breaking Alert@ INR SPOT HITS 53.88

Do or Die level...the Lakshman Rekha according to me as of now is 53.8 which is the support level for it. Weak below 53.8 only...else could bounce again nearer to that.


The following message was given at Stock Talks network@


This's what I posted on 28th Nov 2012 and I still maintain the same view@

Well 55.75 spot is the immediate big resistance for INR against the USD and only a closing above that could take it higher upto 57.12, downside support seen at 55.24/55.07
**Littlechange@Weak only below 55.07/55 where it could slide down upto 53.8 as of yet.
So correction expected near to the resistance level.

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