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MECKLAI FINANCIAL REPORT
Forget will, rich Indian families are writing ‘family constitutions’Family constitution meaning: Wealthy Indian families are increasingly adopting formal family constitutions to govern wealth creation, succe...
- December 27, 2013: Mecklai Financial report on rupee
The local unit continues to trade range bound on account of low volumes. Still awaits a break out above or below 62.20 or 61.70 levels for ...
- December 26, 2013: Mecklai Financial report on rupee
The local unit continues to trade range bound on account of low volumes. Still awaits a break out above or below 62.20 or 61.70 levels for ...
- December 24, 2013: Mecklai Financial report on rupee
As said yesterday, the 61.70 and 62.20 levels remains important to watch any break below or above would decide its further move.
- December 20, 2013: Mecklai Financial report on rupee
A closing below 62.00 levels only and only will confirm the correction still to come ahead. Over all medium term range is seen between 61.8...
- December 14, 2013: Mecklai Financial report on rupee
Exporters can look to sell around 62.20 levels for intraday payment while Importers can look to buy below 62.00 levels.
- December 11, 2013: Mecklai Financial report on rupee
Importers should buy on dips for the near term. Exporters may sell on upticks around 61.40 - 61.50 levels intra-day and for longer term pos...
- December 09, 2013: Mecklai Financial report on rupee
For near term a weekly closing below 62.00 levels could see further gains, Psychologically 61.50 levels seems to be a good buying level as ...
- December 05, 2013: Mecklai Financial report on rupee
Upticks on the USD/INR need to be sold for exporters so that they do not loose out on the spot and the premiums. The range for the day is e...
- December 03, 2013: Mecklai Financial report on rupee
Importers to buy near to 62.10 levels for covering their imports and exporters to sell near to 62.50 levels for their exports.
- November 26, 2013: Mecklai Financial report on rupee
The outlook on dollar remains bullish for medium to long term as the uncertainty is expected to arise again with the start of New Year.
- November 22, 2013: Mecklai Financial report on rupee
Immediate resistance of 63.00 mark, where selling is expected during the course of the day to meet the support of 62.70, else break could p...
- November 21, 2013: Mecklai Financial report on rupee
Immediate resistance of 63.00 mark, where selling is expected during the course of the day to meet the support of 62.70, else break could p...
- November 20, 2013: Mecklai Financial report on rupee
Rupee has pared its gain breaking resistance of 62.47 to currently trade at 62.52. A close above 62.40 will certainly pave towards next res...
- November 01, 2013: Mecklai Financial report on rupee
There are no changes in the technical view for the day as the intraday bias is range bound for the Rupee, supported by the oscillators that...
- October 31, 2013: Mecklai Financial report on rupee
There are no changes in the technical view for the day as the intraday bias is range bound for the Rupee, supported by the oscillators that...
- October 24, 2013: Mecklai Financial report on rupee
The pair is currently hovering at 61.49 levels and will move upwards only if resistance of 61.65 areas is broken. On the downside 61.00 is ...
- October 23, 2013: Mecklai Financial report on rupee
As the key resistance has been breached the local currency can move towards 62 levels. The downside looks restricted to 61.20 levels.
- October 21, 2013: Mecklai Financial report on rupee
Key resistance is seen at 61.80 levels and a break above that will trigger 62.00 levels. Generally the range will be between 60.80 to 61.80.
- October 16, 2013: Mecklai Financial report on rupee
Intraday bias remains bearish for the Rupee, with key resistance at 61.80levels and a break above that will trigger 62.0 levels. On the dow...