USDINR : Feeble signs of strengthening

The daily chart shows that the trends continue to be in favour of the INR as the prices have been unable to move beyond the median line of the Pitchfork. Despite the strong strengthening of the Dollar the INR seems to be holding to its gains. Will it translate into some benefit for the Indian equity markets is something that will transpire tin the coming weeks.

Idea Sourced From
Neo Trader
https://trade.chartadvise.com/