Nifty CMP : 4352
Charts Showing Comparision of Sensex Vs USDINR Charts and the 20 day EMA
Inference from Three Year Charts
And from the charts we clearly see that during February,2007 our rupee trade nearly
at 44.5/Dollar what we exactly trade now. Buy that time sensex trading around 14,500
what exactly we trade now in sensex
And still the Charts shows a buy signal in rupee.. means it could extend
And again from charts we cleary see that during october 2008 our rupee trade nearly
at 46/Dollar . And Buy that time sensex trade at 11000 and odd pts.
This is What gonna happen now…. And the fundamentalist people go and search
what is going to be fundamentally wrong… Coz everything technically going right.