USD/INR: Expect Further Appreciation for Indian Rupee 7 Aug 2017 9:20 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 07/08/2017 USD/INR: Expect Further Appreciation for Indian Rupee It is expected to be further appreciation for Indian Rupee against US dollar for coming sessions. However, some sideways movement has witnessed in last few trading sessions. US Dollar may slide to 63.40 – 63.10 levels or below against Indian Rupee. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 63.62 64.10 DOWN 64.45 10.07 63.39 63.55 63.64 63.72 63.88 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 25.92 -4.96 11.59 -8.34 -0.18 -14.65 18.76 -31.54 Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above. View Full Image Read Disclaimer   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest TechAnalysis Report Market Snapshot MCX - NCDEX more Top 5 News Market Snapshot MCX - NCDEX Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Base Metals Zinc (May 24) Bullish Trend / Buy at CMP ... Base Metals Copper (May 24) Neutral Trend / Buy on Br... Top 5 Special Reports Sunflower Refined Oil (AP) Inflection Point: Trading N... Black Matpe (Urad) SQ Chennai Consolidating in an Uptr... US soybean net sales for April 19-25 at 414,000 MT, up ... US cotton net export sales for April 19-25 at 97,400 RB... Delhi Chana Rajasthan Line Bullish Price Trend / Next ...