USD/INR: Expect Further Appreciation for Indian Rupee 10 Aug 2017 9:31 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 10/08/2017 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 63.60 – 63.40 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 63.86 64.03 DOWN 64.45 10.07 63.61 63.76 63.81 63.90 64.05 *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 40.17 22.53 47.20 91.86 -0.19 3.89 35.57 60.50 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		Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (Apr 24) Neutral Trend / Buy at CMP / Price... Base Metals Zinc (Apr 24) Bullish Trend / Buy at CMP ... Base Metals Lead (Apr 24) Bullish Trend / Buy on Dips... Base Metals Copper (Apr 24) Bullish Trend / Buy on Di... Top 5 Special Reports Mumbai Black Matpe (Urad) Trending Higher / Next Resis... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Weekly: ICE raw sugar records loss for second week in a...