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Trading Strategy

USDINR: Sell for a target of 61.60-61.10
Technically, now market is looking to take support at 61.20, a break below could see a test of 60.72 and whereas resistance is now likely to be seen at 62.10, a move above could see prices testing 62.65. Sell.

The Big Picture

Purchase Sales Net Inv
1730.76 501.17 1229.59
As on 2014-10-29 (In Rs. Cr)

     Pair  Currency Rate (Rs)
    AUDINR Australian Dollar 54.1098
    EURINR Euro 77.4527
    GBPINR United Kingdom Pound 98.3784
    JPYINR Japanese Yen 0.5639
    USDINR United States Dollar 61.39

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