67.05-67.30 is the zone, which dollar rupee could attempt & extending below 67 can take the support of as mentioned in the 2016 diary update below.
Nifty going beyond 8230 can attempt for 8380-8400 target zone as expected & Bank Nifty could attempt for 18400+ & next resistance in BN shall be 18740
Bank Nifty - Need a poke above 18100 to resume uptrend- going below 17800 -downside
Nifty- Above 8230 for 8380-8400+
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USDINR 2016 Diary
It re-entered into the channel -once it starts falling again below the channel, then both Nifty & Bank Nifty shall resume its upward journey.
Started showing sign from yesterday's close 15-20 paise rupee became strong
Almost close to the zone 67.00 - 67.05
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ