Rupees to Depriciate

Sensex touched 21K many times but could not  make a new high and then started consistently declining.
 
FII's are pulling off money from markets, commodities also moving in reverse what this concludes.


FII's are selling rupees and buying dollars. So demand of dollars will rise in the market dollar will appreciate against rupees. as of now dollars are trading around Rs. 44. I see dollars reaching Rs. 46. so buy dollars till sensex slopes down to 18K approx. Strong support seen at 18K for sensex and  Nifty at 5600.

Njoi makin money

Kuldeep P
making love with eco & fin