USD/INR: A short term study. Wake up call for Government of India. Cross of 55 will prepare for get-set-go for 57

Read this article – As published on 20 May 22, 2012

Link –

 http://viecapital.blogspot.in/2012/05/usdinr-short-term-study-wake-up-call.html

When we have published that article, USD = INR 54.43

With in two days,

It shoots up to 55.43.

If I am right we will see INR 57 much sooner than expected. RBI really interested?

May be not or may be it’s out of their hand.


Impact will be worse on equity market too. I have already expressed my fear of re-test of 4790 and it seems to be coming tomorrow only. It will not stop @ 4790 this time. We need to prepare for all new set of lower levels for NIFTY and Sensex.

Due to higher number of queries, I am re-publishing the link. Study remains same.

Do not miss to read,

Thanks & Regards,

Praveen Kumar