Swastika Investmart report on currencyOUTLOOK FOR TODAY: USDINRUSDINR is likely to open in a negative note today. Momentum indicator is reflecting its relief shadow over short positions as on daily chart we are visiting divergence. USDINR is trading in its strong resistance zone of 68.60-68.80. Intraday traders are advised to adopt sell on rise strategy for the day. For positional traders, it is advised to create new shorts with a stop loss of 68.80 and for the target of 68.00.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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