Dec 09 2017

Rupee gained 0.01% on a weekly basis

 Weekly Synopsis   Date:- 09th December 2017   Markets from 04th December 2017 to 08th December 2017:-   Indian Rupee:-   The Indian rupee posted its biggest single-session gain in nearly two weeks against the dollar on Friday, the currency rose 0.19%, its biggest percentage gain since Nov. 27. On a weekly basis, the Rupee

Dec 08 2017

Trade Idea for the day

USDINR :- MACD below zero line giving buy signals Our Preference:-  Buy at 64.45-64.50 Target – 64.60-64.65 Stop loss  of 64.40 EURINR :-  RSI oversold & MACD below zero line giving buy signal. Our Preference :-  Buy at 75.70-75.75 Target – 75.95-76.00 Stop loss – 75.60 GBPINR :- 5Day SMA gave a crossover below 14Day

Dec 08 2017

Rupee gains on exporters dollar sales; US jobs data eyed

Financial Market Overview 08th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee rose against the dollar in afternoon trade, as exporters sold the U.S. currency, while strength in local shares also supported sentiment for the local unit. However, caution ahead of the U.S. monthly employment report, due later today, limited further

Dec 08 2017

Rupee opens steady ahead of US jobs data

Financial Market Overview 08th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee  opens little changed against the dollar at 64.5550, as strength in local shares tracking regional peers is expected to offset the impact of gains in greenback after the U.S. tax reform bill made progress ahead of the crucial nonfarm

Dec 07 2017

Trade Idea for the day

EURUSD :- Reaching towards trend-line resistance. Our Preference:- Sell at current( 1.1790) for the target of 1.1768 with a stop-loss of 1.1800. GBPUSD:- Founds support on a Symmetric Triangle. Our Preference:- Buy at Current(1.3374) for a target of 1.3398 with a stop-loss of 1.3360. USDJPY:- Trading close to its resistance zone . Our Preference:- Sell

Dec 07 2017

Rupee opens steady on lack of cues

Financial Market Overview 07th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee open steady against the dollar at 64.50, as traders await fresh triggers and will keep an eye on the shares’ movement, while lackluster U.S. data may restrict gains in the greenback. Pair USDINR now at 64.53 against 64.52 previous