USDINR and Market
Marketing moving everyday new highs..but, USDINR is not appreciating and consolidating in the same place so many days...
This is unusual on the part of USDINR...this happens when equity offloading is in the process at the higher levels.
Some individuals scripts are moving up normal now days...normal investment pattern may not be like this...so, message is be careful on longs...
As a trader and investor we should be careful at this juncture to taking investment view without keeping proper risk factor..
Take Care...
Marketing moving everyday new highs..but, USDINR is not appreciating and consolidating in the same place so many days...
This is unusual on the part of USDINR...this happens when equity offloading is in the process at the higher levels.
Some individuals scripts are moving up normal now days...normal investment pattern may not be like this...so, message is be careful on longs...
As a trader and investor we should be careful at this juncture to taking investment view without keeping proper risk factor..
Take Care...
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