Track the latest updates on Indian and Global financial markets on your smartphone with the Moneycontrol App. 11:00 AM IST Indian Rupee likely to trade positive: Angel BrokingĪccording to Angel Broking, Indian Rupee is likely to trade positive as surge in US trade deficit has raised concerns with respect to its economic health and has dented early rate hike expectations. Moneycontrol App is Asia's 1 App for Business & Finance.According to the research firm, USDINR October is expected to trade in a range of 64.66-64.76. has come out with its report on currencies. We expect USD-INR range to shift towards 74-77 in 2HFY22 as markets begin to grapple with the widening current account deficit (from an estimated marginal surplus in 1QFY22), volatile capital. 12:00 PM IST USDINR Oct may trade in 64.66-64.76 range: ICICIdirect.Utilise declines in the US$/INR February contract to buy for target of 68.30-68.46, says the report. It has also moved above the 25-day and 50-day moving. It remains above the important support level at 78.28, which was the previous all-time high. Last week, the pair rose to the important resistance at 79. expect the US dollar to find buying support on declines against the rupee. The four-hour chart shows that the USD/INR price has been in a strong bullish trend in the past few months. 11:32 AM IST Buy US$/INR Feb target of 68.30-68.46: ICICIdirect.
11:35 AM IST Indian rupee expect to negative: Karvy Stock BrokingĪccording to Karvy Stock Broking, Indian Rupee is expected to open on a negative note with the USDINR pair opening 15-20paisa higher and is likely to depreciate further.According to the research firm, USDINR February is expected to trade in a range of 68.76-68.86. has come out with its report on currencies. 11:03 AM IST USDINR Feb may trade in 68.76-68.86 range: ICICIdirect.Momentum indicator is reflecting its relief shadow over short positions as on daily chart we are visiting divergence. 11:03 AM IST USDINR to open negative: Swastika InvestmartĪccording to Swastika Investmart, USDINR is expected likely to open in a negative note today.According to the research firm, one can sell USDINR Feb future for the target 68.55-68.35. 11:04 AM IST Sell US$/INR Feb fut target of 68.55-68.35: ICICIdirect.According to the research firm, one can sell USDINR March future for the target of target of 67.62-67.43 12:40 PM IST Sell US$/INR Mar fut target of 67.62-67.43: ICICIdirect.Join our Moneycontrol Forum for more topics & user comments. Pharma Industry Conclave Unlocking opportunities in Metal and Mining Find INR user profile with latest comments on Moneycontrol MMB, Forum Discussion Board.
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