Rupee Quote : Rupee traded in a range between 79.80 and 79.98 By Jateen Trivedi, LKP Securities
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Quote on Rupee 15 July 2022 By Jateen Trivedi, VP Research Analyst at LKP Securities.
"Rupee traded in a range between 79.80 and 79.98. As dollar index traded in a range broadly the trend for dollar is positive till the time it is above 105$ next hurdle for dollar can be seen around 110$ hence rupee can be seen weak trend continued towards 80.50. 79.25 will act as resistance for rupee and break above 79.25 will trigger short covering for rupee. Rupee range can be seen between 79.50-80.50 for the coming week."
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