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Saturday, June 29, 2013

#2 Currency update: Rupee to get stronger with tgts of 59/57.30/56.30/55.85

On 30th October 2012 post , i gave target of 62.80 on USD/INR but most of you would have laughed it out, but today are just little far to that target. But i would like to update you all on the same.As RBI is stepping in to protect rupee and even chart says so that now we might see rupee getting stronger upto targets of 59/57.30/56.30/55.85  So strategy is simple to short dollars currently with SL of 60.80

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