Sunday, December 18, 2011

Nifty Next-USD/Indian Rupee Technical Chart 16 Dec 2011


Indian Rupee ends at `52.6308 with a fall of -1.50% on 16 Dec 2011, after RBI announcements of Deregulation of NRE-Deposit Rates. On 15 Dec 2011, Indian Rupee hits Days Low `54.26, Catches the eye of every Economists world-wide. On Technical Price Chart, Indian Rupee is showing Strength. Now it is having Strong Resistance at 52.90 in coming Days.

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