Wednesday, April 6, 2011

Rupee Triple Bottom




Rupee is about to complete its triple bottom formation on weekly chart. If it succeeds then Rupee will depreciate against dollar otherwise close below support line (please refer enclosed Dollar-Rupee weekly chart) will give Rupee a decent slide.

So the recommendation is to buy here at 44.04 for a immediate profit target of 45.10 and target beyond this level will be updated once rupee will reach there.






No comments:

Followers

Followers from Facebook

मेरी पहेलियां...