rupee weekly trend : trading in highly oversold state

dollar rupee weekly technical analysis for 24 to 28 aug 2015

NSE dollar rupee future this week closed with gain. This was second weekly gains for us dollar. This week usdinr future hit high above 66 while weekly low was at 65.2. Total 80 paisa weekly range seen and pair is trading in overbought state on daily as well as weekly charts. In last week’s period usd rallied by 2 rupees in futures market. For next week, 66.16 is final resistance and on downside 65.8 and 65.15 are support zones. Above 66.2 expect strong short covering spiking rallies for us dollar.

euro rupee weekly technical analysis for 24 to 28 aug 2015

NSE euro rupee future this week closed with heavy gains. This was second weekly gain for euro against rupee. In these 2weeks period euro future rallied by 4.5 rupee with strong buying volume. This week eurinr future hi low at 71.95 while high was near 74.5 total 2.5 rupee or almost 4% weakness for rupee future against euro. For next week, euro has final resistance at 75.25 and above it will enter in super bullish trend. On downside 74.2 and 72.8 are support levels.

pound rupee weekly technical analysis for 24 to 28 aug 2015

NSE pound rupee future this week closed with gain. This was second gaining week for UK sterling. This week gbpinr future hit low at 101.99 while high was at 103.67. Total 1.7 rupee or almost 2% weekly gains for pound. In last 2 weeks period pound future almost rallied by 5 rupee. For next week, pound outlook remain bullish. On upside 104.2 and 105.25 are strong resistances. On downside 102.4 and 101.5 are strong support zones.

yen rupee weekly technical analysis for 24 to 28 aug 2015

NSE yen rupee future this week closed with strong gains as yen bounce back from historic lows. This week yen future hit low at 52.36 while weekly high was at 53.86. Total 1.5 rupee or 3% weekly gains for yen against rupee. On daily as well as weekly chart yen is overbought so correction is due ahead. On upside 54.35 and 55.2 are strong resistances for next week. On downside 53.5 and 52.7 are support zones.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2017. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.