Buy USDINR around 54.40 with stoploss below 54: Geojit

Written By Unknown on Senin, 14 Januari 2013 | 16.02

Mon, Jan 14, 2013 at 14:19

Geojit Comtrade has come out with its report on USDINR. According to the research firm, one can buy USDINR around 54.40 levels with a stop loss placed below 54 levels for target of 55.30 which is the upper band of the range.

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Buy USDINR around 54.40 with stoploss below 54: Geojit

Geojit Comtrade has come out with its report on USDINR. According to the research firm, one can buy USDINR around 54.40 levels with a stop loss placed below 54 levels for target of 55.30 which is the upper band of the range.

Like this story, share it with millions of investors on M3

Buy USDINR around 54.40 with stoploss below 54: Geojit

Geojit Comtrade has come out with its report on USDINR. According to the research firm, one can buy USDINR around 54.40 levels with a stop loss placed below 54 levels for target of 55.30 which is the upper band of the range.

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Geojit Comtrade has come out with its report on USDINR. According to the research firm, one can buy USDINR around 54.40 levels with a stop loss placed below 54 levels for target of 55.30 which is the upper band of the range.

On the daily chart of USDINR prices are trading in the range of 54.20 to 55.30 levels. Currently, prices are trading close to the lower band of the range. Daily MACD is building strength and prices are trading below the short term averages. We recommend a buy around 54.40 levels with a stop loss placed below 54 levels for target of 55.30 which is the upper band of the range.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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