USD/INR: Expect Further Appreciation for Indian Rupee 21 Jul 2017 9:41 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 21/07/2017 USD/INR: Expect Further Appreciation for Indian Rupee Indian Rupee is being slowly gaining upper hand against US dollar after a tight sideways range. It is expected to be further appreciation for Indian Rupee against US dollar for coming sessions. US Dollar may slide to 64.00 – 63.90 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 64.37 64.44 DOWN 64.45 10.07 64.17 64.31 64.38 64.44 64.58 *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 45.19 15.95 17.85 1339.91 -0.05 -2.89 37.46 -5.57 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... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Mentha Oil (Apr 24) Neutral Trend / Buy on Breakout / ... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Bullish Trend / Buy at CM... Top 5 Special Reports US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Castor Oil (Kadi) Weak Price Trend / Next Support at R...