Thursday, January 19, 2017

USD-INR seen between 68-68.20/USD range : 20.01.2017

USD-INR seen between 68-68.20/USD range : 20.01.2017
The 10 year benchmark has rallied a bit and is expected to trade within 6.45 6.50 percent range, HDFC Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"Data from US has been upbeat but one needs to keep an eye on the new US president and his policies. Confidence in India is on the mend. In summary, the USD-INR pair is expected to trade within a range of 68-68.20/USD for the day." "The 10 year benchmark has rallied a bit and is expected to trade within 6.45 6.50 percent range."