USDINR has been taking its support at this 4 year trendline support (in green) !!
It is getting difficult for INR to depreciate against dollar i.e. difficult to climb up !!
Are there signs of a major turn around -- where USDINR breaks this support !!
If this happens that would make the Stock Markets to jump up and a correction in IT & Pharma Companies !!
Till them it's Wait & Watch !!
It is getting difficult for INR to depreciate against dollar i.e. difficult to climb up !!
Are there signs of a major turn around -- where USDINR breaks this support !!
If this happens that would make the Stock Markets to jump up and a correction in IT & Pharma Companies !!
Till them it's Wait & Watch !!
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