As of now we are optimistic on the prospects of US dollar getting strengthened as compared to Indian Rupee. This optimism stems from the fact that the chart is in uptrend and as an early indicator these technical firms have started showing strength as they earn in US dollar and its strengthening gives them more money in their hand on conversion. Have a look at the chart where we have suggested buying keeping the SL as 69 for tgt 74+. Do remember to check intraday tips if you intend trading Indian stock market here.
All those looking to send their children abroad for higher studies can buy dollars as a systematic plan as this will help them get a better rate.
All those looking to send their children abroad for higher studies can buy dollars as a systematic plan as this will help them get a better rate.
