Oct 212011

The regulars of this blog would recall my August post on the USDINR cross rates. Within that larger picture, the short-term is moving to the next stage.

INR - Breakout from a consolidation

A narrow consolidation after a powerful move and a wide range bar. The next stage of Rupee weakness is here.

  18 Responses to “USD breaks out of range”

  1. Hi Jai,

    Your commentary from yesterday seems to indicate some bullish chances. Do you see any stock specific opportunity ?
    Any comments on Pipavav ?


    • Dear Rut,

      Never pre-empt the market, let 5177-5200 happen. Until the screen prints it, it has not happened 🙂


  2. Ok Jai……I guessed u noticed that the hands are itching 😉 will wait…..thanks

  3. Happy Diwali Jai,

  4. hello sir

    wish you very happy diwali

  5. thank you for your reply sir

    whats you view on multiple time frame analysis

    Thank you zubair

  6. Hi Jai

    Wishing you and followers of this blog a very happy Deepavali.

    Cheers: Kannan

  7. hi sir
    can i think that you will start forex advisory from November

  8. hello sir huge gap up on nifty sir whats your view now

  9. Hi Jai,

    Just wanted some advice.. would a move above 5329 convince you of a bullish move till 5500 or couple of days close above 5329 is when you suggest that we look at a bullish case like build longs etc @ 5300…?
    Thanks in advance..

  10. hello sir

    i will wait for your fx advisory service to start.please mail me the date from when are you planning to start

  11. hello sir

    just to have idea how many pips monthly is a good result according to you

    Thank you sir

  12. sir asking this because to keep the realistic expectations

  13. Hi Jai,

    Can we expect your view on Nifty, since its been a long time you updated the blog for general view,



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