Monday, February 6, 2017

Expect USD-INR to trade in 67.10-67.30 range : 07.02.2017

Expect USD-INR to trade in 67.10-67.30 range : 07.02.2017
HDFC Bank, the USD-INR pair is expected to trade in a range of Rs 67.10-67.30 for today. He says, the market is evenly divided on the expectations of rate cut in the policy tomorrow.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

HDFC Bank says the dollar index has been trading in and around 100 pivot and apart from this fundamental factor, the rupee has been gaining due to positive impact of the Budget.  According to him, the USD-INR pair is expected to trade in a range of Rs 67.10-67.30 for today. Panda says the market is evenly divided on the expectations of rate cut in the policy tomorrow.