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Rupee strengthen further

Discussion in 'Indian Stocks' started by peehusharma, Jul 1, 2016.

  1. peehusharma

    peehusharma New Member

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    Following to-day rally, the spot rupee strengthened gains for the third straight day, due to extend drop in US dollar.
    The domestic currency opened slightly higher by 5 paise at 67.47 as against the US dollar.
    Now, the spot rupee is trading at the highest level of the day - with a gain of 9 paise at 67.43 as against the US dollar.
    Meanwhile, July rupee futures is quoted at 67.71 - up 6 paise per dollar.
    On the NSE 2,58,242 contracts have been traded at the counter this morning, while the open interest has increased almost a percent.
    Compared to the European-currency, the India rupee has advanced 37 paise at 74.86 per dollar.

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  2. farhan khan

    farhan khan New Member

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    On the daily chart of INDIA CEMENTS is trading in bullish run and yesterday session it has shown good upside move rose with high volume and has given breakout of near resistance level and closed high to high .So we advise you to buy INDIACEM above 124 for the targets of 126 128.50 wit hstop loss below 121.
     
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