Dec 15 2017

Trade Idea for the day

USDINR :- MACD below zero line & RSI below 30 , giving buy signals. Our Preference:-  Buy at 64.05-64.10 Target – 64.20-64.25 Stop loss  of 64.00 EURINR :-  MACD Crossover below zero line giving buy signals. Our Preference :-  Buy at 75.55-75.60 Target – 75.80-75.85 Stop loss – 75.50 GBPINR :- MACD below zero line

Dec 15 2017

Rupee edges higher as Modi’s BJP seen winnig Gujrat polls

Financial Market Overview 15th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edge higher against the dollar, after exit polls showed Prime Minister Narendra Modi’s Bharatiya Janata Party winning Gujarat and Himachal Pradesh state elections, boosting investor sentiment. Pair USDINR now at 64.15 agaisnt 64.34 prevoius close. Three different television exit

Dec 14 2017

Rupee off highs on suspected RBI bids; India’s WPI inflation hits 8-month high

Financial Market Overview 14th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee came off the day’s highs against the dollar, as the nation’s central bank likely stepped in to curb the currency’s ascent triggered by the U.S. Federal Reserve suggesting that rates would rise only gradually in the world’s largest

Dec 14 2017

Trade Idea for the day

USDINR :- MACD below zero line & RSI around 30 , giving buy signals. Our Preference:-  Buy at 64.25-64.30 Target – 64.40 Stop loss  of 64.20 EURINR :-  5 Day SMA giving a crossover below 14 Day SMA giving sell signals. Our Preference :-  Sell at 76.00-76.05 Target – 75.80-75.85 Stop loss – 76.14 GBPINR

Dec 14 2017

Rupee higher as Fed leaves rates outlook unchanged

Financial Market Overview 14th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edged higher against the dollar, after the U.S. Federal Reserve hiked interest rates as expected, but stuck to its projection for three increases next year amid subdued inflation in the world’s largest economy. Pair USDINR now at  64.27 against.