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Mtechtips MCX-SX USDINR intraday trading analysis 02-12-2014

Mtechtips MCX-SX USDINR intraday trading analysis 02-12-2014
MTECHTIPS rupee dollar dec. future today closed at 62.36 with loss on rbi intervention. in intraday pair had hit high at 61.61 but through the day remain under pressure on profit booking. intraday low was around 62. here trend is bullish for dollar above 62-rupee level traders must keep buy on dips strategy for dollar and expect weakness in rupee on outflows.
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