HAPPY 🐰🥚🧺 MONDAY:- RUPEE WEAKER, OIL UP, INDIA WPI DATA AHEAD!!

USDINR

HAPPY EASTER MONDAY, despite the major financial market on holiday USDINR, is most likely to commence the session with a firm note between 76.25 – 76.35 levels as the Dollar trying to approach 102 levels on FED's hawkish outlook for Interest rate.

UK TO INDIA

Johnson's office said the British leader would use his trip to India to deepen relations, including in-depth talks with Indian Prime Minister Narendra Mod on the two nations' "strategic defence, the diplomatic and economic partnership".

INDIA MONSOON

India is likely to receive normal monsoon rains this year, the state-run weather office, raising prospects of higher farm and general growth in Asia's third-biggest economy.

THE OIL

Oil prices rose as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia.

USDINR TECHNICAL

Day Trend: - BUY ON DIP (Short Term)

Weekly Trend: - HOLD

INTRADAY RANGE – 76.46 (76.31 – 76.17) 76.03