Rupee looks strong on the weekly chart, but it seems like it might consolidate in 68.5-70 Range for 1-2 months then it might go for the big move.
It will depend on the price action in the areas I have plotted. Most probably it might go down(Because RSI Seems week for USD) because of the structure but still can't say exactly.
This is not financial...
Holding on to life Nifty after a big U turn today. Is holding 10780 levels.. break below this bears will be in control of the dalal street and if it opens slightly gap up .. it might stay flat. Focus on specific stocks for movement over all market might be flat.
Bullish cypher will form at 60 $ if price will be reach in next week
second indication as the past one bullish strong engulfing s 50% support is there at this level
as the demand zone near 60$ if price come MCX crude 3950-70 k then strong buy recommended