Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Market Commentary

| More

Rupee - June 18, 2021 - Reliance Securities

Posted On: 2021-06-19 11:27:59 (Time Zone: UTC)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

The Indian Rupee appreciated on Friday amid exporters' dollar sales and aggressive greenback sales by foreign banks.

The Rupee ended at 73.86 compared with 74.08 in the previous session.

However, it weakened for the third straight week and fell 1.1%, its biggest weekly loss against the U.S. dollar in over two months, tracking a sharp jump in the dollar index on hawkish Federal Reserve comments.

Other regional currencies were mixed on Friday but were under pressure this week tracking the strength of the dollar index.

Technically, the USDINR Spot pair on the weekly chart has given a breakout above 73.30 levels where it made a recent high near 74.28 levels. It holds a strong support of 50-Weeks Moving Average which is placed at 73.65 levels. Resistance is at 74.32-74.91 levels.

Most of non-dollar currencies were weaker this week, tracking gains in the dollar.

Technically, the Dollar Index on a weekly chart has given a breakout of its range bound move where it has formed a Long Bullish Candlestick and is trading above 21-Weeks Moving Average at $91.11 levels. Resistance is at $92.05-$92.72 levels.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Post Market views - July 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Market Wrap - July 22, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Currency Updates - July 22, 2021 - Kotak Securities

Rupee - July 22, 2021 - Reliance Securities

Daily Market Commentary - July 22, 2021 - Bonanza Portfolio

Technical View - July 22, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Wrap - July 19, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Post Market views - July 19, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Market Commentary - July 19, 2021 - Bonanza Portfolio

Rupee - July 19, 2021 - Reliance Securities

Technical View - July 19, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - July 17, 2021 - Reliance Securities

Market Outlook - Technical - July 17, 2021 - ICICI Direct

Rupee - July 16, 2021 - Reliance Securities

Daily Market Wrap - July 16, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 16, 2021 - Bonanza Portfolio

16000 very much in sight now, banks need to chip in : Angel Broking

Kotak Securities - Evening Currency Updates - 16-07-2021 - Anindya Banerjee

Post Market views - July 16, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - July 16, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Post Market views - July 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Market Wrap - July 15, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Technical View - July 15, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Pre-Market views - July 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - July 14, 2021 - Reliance Securities

Daily Market Wrap - July 13, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Post Market views - July 13, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - July 13, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - July 13, 2021 - Reliance Securities

Daily Market Commentary - July 13, 2021 - Bonanza Portfolio

Daily Market Wrap - July 12, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 12, 2021 - Bonanza Portfolio

Post Market views - July 12, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - July 12, 2021 - Reliance Securities

Technical View - July 12, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Post Market views - July 9, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities.

Rupee Outlook - July 9, 2021 - Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities

Daily Market Wrap - July 9, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - July 9, 2021 - Reliance Securities

Daily Market Commentary - July 9, 2021 - Bonanza Portfolio

Technical View - July 9, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Currency Updates - July 8, 2021 - Kotak Securities

Markets Daily - Mr. Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities

Rupee - July 8, 2021 - Reliance Securities

Daily Market Commentary - July 8, 2021 - Bonanza Portfolio

Post Market views - July 8, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - July 8, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - July 7, 2021 - Reliance Securities

Daily Markets Wrap - July 7, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 7, 2021 - Bonanza Portfolio


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020