IT WAS DELIBERATED AND SHARED THAT THE FX USD/INR SHOULD BE BETWEEN 44.5 TO 45 LEVELS CONSIDERING THE SHARP FALL FROM 51 AND THEN FROM 48 LEVELS.
THE SAME IS COME OUT TO BE TRUE AS ON 30TH AND 31ST THE LEVELS HAVE BEEN 44.94-45.00 IN IBR MARKET.
ANOTHER PARITY ANALYSIS FALLING IN LINE IS USD/JPY
USD/JPY IN THE LAST 3MONTHS HAVE BEEN RANGE BEOUND BETWEEN 85-95 AND ITS ALL UPSIDE AND DOWNSIDE MOVEMENTS HAVE COME TRUE.pRESENT LEVEL OF 93 FROM A LOW OF 88 IN LAST ONE MONTH HAS COME TRUE.
HAPPY INVESTING AND ANALYSIS
WITH DISCLAIMER OF NO RISK AND LIABILITY. VIEWS ARE PERSONAL. EXPOSURE OR INVESTMENT DECIONS SHALL BE SOELELY PERSONAL OF READERS.
DINESH GOEL
Wednesday, March 31, 2010
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