Nifty(5335) – Resistance 5415 and Support 5300 and 5240
USDINR has found support at previous 4th wave of 48.5
INR daily charts
INR should weaken to 50.2-50.6 but we need further evidence from the movement here to signal that a bigger move is beginning for INR. There is a small possibility of one more leg of strength for INR .
New position: Chambal Fert Short @ 86.5-87 Target of 77 stop 92