Weekly Analysis Report (NIFTY & USDINR): 28 OCT 2013-03 NOV 2013
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Weekly Analysis Report (NIFTY & USDINR): 28 OCT 2013-03 NOV 2013
S&P CNX NSE NIFTY 50 (6136):
Resistance: 6159 / 6219-6249 / 6325
Support: 6089 / 6035 / 5960
Our view: As of now it seems that the NIFTY may rise to see 6219-6249 levels.
Over all: In the coming week, the NIFTY has good resistance near 6159 level and a breakout above which may target 6219-6249 levels.
On the down side, the NIFTY has good support near 6089 level and a dip below which may find ground near 6035 level.
USDINR (61.451):
Resistance: 61.585 / 61.95 / 62.315
Support: 61.376 / 61.011 / 60.646
Our view: As of now, it seems that the USDINR may see 61.95 level.
Overall: In coming week, the USDINR has good support near 61.376 level and a dip below which (not expected) may find ground near 61.011 level.
On the upside, the pair has good resistance near 61.585 and a breakout above which may target 61.95. Further extension of rise seems possible.
Last updated weekly report
Weekly Analysis Report (NIFTY & USDINR): 14 OCT 2013-20 OCT 2013
thank you sir,insha allah in next 2 or 3 months range 61 to 63.
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