WEEKLY RANGE – 68.28 (68.66 – 69.12 ) 69.44
POSITIVE ASPECT:-
Bond Buying.
FED anticipation will be key.
Anticipation of RBI monetary stance.
CONCERN:-
Central Bank (RBI) intervention
Oil appreciation
India Share market sell off - FII running
Government stance for money from SEBI
Conclusion Weekly :-
On Import Aspect: - Buying must be in every dip.
On Export Aspect: - Use option for covering export.
TECHNICAL INDICATORS:-
DERIVATIVES:-
INDIAN 10 YEAR BONDS:-
UPCOMING WEEK IMPORTANT GLOBAL ECONOMIC EVENTS:-
USD existing home sales (23rd July)
GERMAN manufacturing PMI (24th July)
ECB interest rate decision (25th July)
RUSSIA interest rate decision (26th July)
USA GDP (QOQ)(Q2) (26TH July)
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