Utilise upsides in the pair to initiate short positions, says ICICIdirect.
Moneycontrol News
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The Indian rupee surpassed 70 mark and trading near day's low. It is trading lower by 45 paise at 70.13 per dollar.
The dollar-rupee January contract on the NSE was at 69.82 in the previous session. January contract open interest increased 12.02% in the previous session, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.First Published on Jan 8, 2019 03:15 pm
