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MECKLAI FINANCIAL
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...- Rupee falls amidst gulf tensions and rising oil pricesThe Indian rupee weakened against the US dollar on Wednesday. This decline was driven by escalating tensions in the Gulf region and a subse...
- 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...
- Dollar demand, FPI outflows, oil prices to weigh on rupeeThe Indian rupee is anticipated to decline further this week, breaking its recent stable trading band. Strong dollar demand, rising oil imp...
- December 20, 2013: Mecklai Financial report on rupeeA 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 17, 2013: Mecklai Financial report on rupeeBefore FED and RBI policy meet we can see the range of 61.60 ? 62.20 levels. Any break out above or below will further decide the move of t...
- December 14, 2013: Mecklai Financial report on rupeeExporters 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 rupeeImporters 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...
- November 22, 2013: Mecklai Financial report on rupeeImmediate 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 rupeeImmediate 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 rupeeRupee 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 rupeeThere 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 rupeeThere 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 rupeeThe 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 rupeeAs 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 rupeeKey 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 rupeeIntraday 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...
- RBI needs to cut rates drastically to spur growth: Jamal Mecklai, Mecklai Financial Services"There are lots of medium-term positives both in India and globally, but it is the immediate term that is the problem and frankly I do not ...
- Expect rupee to get weaker in near term: Jamal Mecklai, Mecklai Financial ServicesI do not know what to say except that the rupee is weak and will get weaker, which seems very likely, says Jamal Mecklai, CEO, Mecklai Fina...
- Expect rupee to weaken till December, strengthen next year: Jamal Mecklai, Mecklai Financial ServicesIn an interview with ET Now, Jamal Mecklai, CEO, Mecklai Financial Services Ltd, speaks on the depreciation of the rupee and the RBI’s stan...
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