Monday, August 25, 2008

RUPEE REMAINED UNCHANGED

The Rupee remained unchanged as the dollar's strength against some currencies was offset by lower oil and firmer Asian stock markets.

TEECH VIEW 25.08.08
USDINR is expected to give upward movement for the day .Trading range for the day is expected between 43.30-43.70.With good support seen at 43.25 and resistance is seen at 43.75 levels. Stochastic remains in overbought area and indicates the currency to be on bull note.

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