HomeNewsBusinessStocksBuy USDINR; target of 64.32: Way2Wealth

Buy USDINR; target of 64.32: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can buy USDINR for the target of 64.32 with a stop loss of 63.98.

September 08, 2017 / 10:54 IST
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Way2Wealth's currency report on USDINR

After opening with a gap down at 64.19 USDINR pair slowly inched higher from the low s to finally end at 64.16. The pair has exactly reverted back from the upper band support of the triangle pattern. On the immediate basis the key support is around 64.00, and as long as the pair holds above that, the upside potential remains intact and buying on dips would be a strategy.

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Pair : USDINR Action : Buy Entry : 64.12 Target : 64.32 Stop Loss : 63.98 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.

08-09-2017-19

first published: Sep 8, 2017 10:54 am

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