Rupee has support at 46.35: Comm Trendz

Published on Wed, Nov 25, 2009 at 14:54 |  Source : Moneycontrol.com

Updated at Wed, Nov 25, 2009 at 14:58  

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Rupee has support at 46.35: Comm Trendz

Comm Trendz research report

The MCX -SX USDINR November futures closed stronger yesterday mainly due to weaker Dollar. The BSE Sensex moved lower by 85.81 points to end at 17094 on Tuesday. The support at 46.35 is a critical one and a break below that could open the way for 46.10 or even 45.95. Rise above 46.65 is needed to lessen the chances for this fall and increase the scope for a rise towards 46.95. Shorter-term charts favor the downside.

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To read the full report click on the attachment

  

Entities: BSE Sensex
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