1. Nifty long positions still remain valid until prices stay above 8600/40 spot levels in near term. Expect prices to drop at 8640/50 today and watch out for a bullish reaction there. Only a break below 8600 levels would be worrying for bulls.
2. USDINR dropped exactly to 61.70/80 levels in the spot market yesterday, as discussed earlier. The pair could open low again today but remains buy on dips.
Click Here to read more.. Daily Tech : Nifty and USDINR 27th Feb’15
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