We expect Indian Rupee to trade on a mixed note

Dollar/INR

The Indian Rupee appreciated around 0.1 percent in yesterday’s trading session. The currency appreciated in early part of the trade and touched a one month high level on account of selling of dollars by large infrastructure companies and exporters. Further, weakness in the DX coupled with inflow of foreign funds into equities supported an upside i

We expect INR to trade on a mixed note in the coming week

Rupee

Outlook

• We expect Indian Rupee to trade on a mixed note in the coming week on the back of sustained inflow of foreign funds into equity markets will support an upside in the currency.

• Further, selling of dollars by exporters and corporate companies will act as a positive factor for the Indian Rupee.

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We can expect the INR to remains favoured against the USD

USD/INR SPOT:

With the domestic Rupee assets still in favour we can expect the Indian Rupee to remains favoured against the US Dollar. However, the central bank intervention may remain heavy sub-60 and hence a more choppy and two trading can be seen over this week. An initial range of 59.70/80 and 60.40/50 levels on spot.

We have remained positively bi

Currency Outlook of 5th May 2014 - Swastika Investmart Ltd

OUTLOOK FOR TODAY: USD INR

We expect the rupee to trade on a neutral to negative note against the dollar due to positive employment data from US and weak global markets . However, weakness in the dollar index may cap sharp gains in the dollar.

Technical Outlook :

As seen on the daily chart, USDINR has bounced from the crucia

Currency Trading Report For 5th May 2014 - Ambalal Shares and Stocks Pvt Ltd

COMMENTARY:

* Rupee ends at 60.16/17 to dollar vs Wednesday's close of 60.31/32.

* The Indian rupee rose to a three-week high on Friday, posting its first weekly gain in five, helped by dollar selling from state-run banks and tracking gains in regional currencies ahead of a key U.S. jobs growth data later in the day.

* The partially conv

Currency Daily Technical Report For 5th May 2014 - Angel Broking Pvt Ltd

Dollar/INR

On a weekly basis, Indian Rupee appreciated around 1.5 percent. The currency appreciated on account of selling of dollars by large infrastructure companies and exporters. Further, weakness in the DX coupled with inflow of foreign funds into equities supported an upside in the currency. Also, unchanged manufacturing data from the country acted as a posit

Currency Trading Report For 2nd May 2014 By Ambalal Shares and Stocks Pvt Ltd

USDINR

COMMENTARY:

* Rupee ends at 60.31/32 to dollar vs Tuesday's close of 60.42/43.

* The Indian rupee rose for a second consecutive session on Wednesday, boosted by large dollar sales by export-ers, but gains were capped by caution ahead of the U.S. Federal Reserve's policy meeting this week and as shares fell to

Currency Outlook of 2nd May 2014 - Swastika Investmart Ltd

OUTLOOK FOR TODAY: USDINR

We expect the rupee to trade on a neutral to positive note against the dollar taking cues from weak dollar index, less positive than expected employ ment and growth data from US. However, weakness in the global markets a nd corrections in the domestic market may cap sharp gains in the rupee .

Technical Outlook :

Currency Daily Technical Report For 2nd May 2014 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated around 0.1 percent for second consecutive day on Wednesday. The currency appreciated on account of selling of dollars by large infrastructure companies and exporters. Further, weakness in the DX coupled with inflow of foreign funds into equities supported an upside in the currency.

However, dollar demand from oil

Currency Outlook of 30th April 2014 - Swastika Investmart Ltd

USDINR

We expect the rupee to trade on a neutral to positive note against the dollar taking cues from upbeat global markets and less positive than expected economic data from US. However, corrections in the domestic market may cap sharp gains in the rupee.

Technical Outlook :

As seen on the daily chart, USDINR is near the sup

Currency Daily Technical Report For 30th April 2014 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated around 0.4 percent in yesterday’s trading session. The currency appreciated on account of selling of dollars by large infrastructure companies and exporters. Further, weakness in the DX coupled with inflow of foreign funds into equities supported an upside in the currency.

However, dollar demand from oil im

Currency Market Update For 30th Feb 2014 - LKP Securities Ltd

MCX-SX USDINR May 2014

Rupee strengthened on large dollar sales from companies, including exporters, while gains in Asian currencies helped support sentiment ahead of the outcome of the Federal Reserve's meeting this week. However, broader gains were capped as domestic shares fell for a third consecutive session, retreating from record highs hit on Friday, as

USD-INR: on an upward trajectory - Sharekhan

USD-INR: on an upward trajectory

From the high of 68.80 USD-INR had fallen down sharply. On the way down it had broken multiple supports. It reached near a strong support of a long-term rising trend line. The lower end of the falling channel also provided support to the price. Consequently, the price has started moving up. The up move is breaking up into lower de

Currency Outlook of 29th April 2014 - Swastika Investmart Ltd

USDINR

We expect the rupee to trade on a neutral to negative note against the dollar due to more positive than expected economic data from US and weakness in the Asian markets. Month end dollar demand from importers may also exert negative pressure on the rupee.

Technical Outlook :

As seen on the intra-day chart, USDINR is t

Currency Trading Tips For 29th April 2014 - Ambalal Shares and Stocks Pvt Ltd.

USDINR

COMMENTARY:

* Rupee ends at 60.6450/65 to dollar vs Friday's close of 60.60/61.

* The rupee ended little changed on Monday, retreating from a one-week high hit earlier in the session as domes-tic shares fell for a second consecutive session and as cau-tion prevailed ahead of the Federal Reserve's meeting this

Currency Daily Technical Report For 29th April 2014 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee traded on flat note in yesterday’s trading session after hitting a one week high level in earlier sessions. The currency appreciated in the early part of the trade on account of selling of dollars by large infrastructure companies. Further, weakness in the DX coupled with inflow of foreign funds into equities supported an upside

Weekly Currency Outlook & Strategy 28th April 2014 - Angel Broking Pvt Ltd

Rupee

Outlook

• We expect Indian Rupee to trade on a mixed note in the coming week on the back of sustained inflow of foreign funds into equity markets will support an upside in the currency.

• Further, selling of dollars by exporters will act as a positive factor for the Indian Rupee.

• While on oth

Currency Trading Report For 28th April 2014 - Way2Wealth

USDINR

USDINR: 60.64 75

In the Friday’s session, the USD snapped previous tw o days gain and ended with the bearish engulfing cand le.

This indicates bears are having upper hand and pair can drift even lower.

The momentum indicator RSI has turned its direction

Sell USDINR  Below 60.55 Target 6

Currency Market Updates For 28th April 2014 - LKP Securities Ltd.

MCX-SX USDINR May 2014

Rupee posted its biggest single-day gainin a month and a half , snapping a three-session falling streak as good dollar sales by custodian banks and two large corporates helped offset greenback demand seen from oil importers. However, for the week, the rupee fell 0.5 percent against the dollar, posting its worst performance since the week end

Currency Outlook of 28th April 2014 - Swastika Investmart Ltd

USDINR

We expect the rupee to trade on a neutral to negative note against the dollar due to strength in the dollar index, more positive than expected economic data from US and weakness in the global markets. Month end dollar demand of importers will also affect the rupee negatively .

Technical Outlook :

As seen on the daily

Currency Daily Technical Report For 28th April 2014 - Angel Broking Pvt Ltd

Dollar/INR

On a weekly basis, Indian Rupee depreciated around 0.6 percent and tested the level of 61-mark. The currency depreciated on the back of huge dollar demand from oil importers and its companies. Further, slow inflow of foreign funds into equities exerted downside pressure on the currency. Additionally, tensions over Ukraine crisis also acted as a negative