Trend updated
for-Apr/03/2013.CMP-54.6075 The Dollar is strengthening against
Indian Rupee in long- medium- short-medium- short- term .Currently
Dollar is in strong downtrend but volume is unsatisfactory The open
interest is not increasing with trend . Noting point is selling at
lower levels seems decreasing. The USDINR is now trading in oversold
level. The USDINR is now trading in oversold level. The oscillator is
showing BUY signal For short term Dollar is in HOLD LONG
position.Positionally Support for USDINR is
54.35-54.33-54.23-54.2-54-.Resistance for the USDINR is 55.03-
Currently USDINR is in HOLD LONG position
USDINR is moving sideways so short term investor better to buy only
above 54.81 with stop at 54.0625 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 54.787 with a stop at 54.463 Below 54.429 go for sell
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