HEMANT PARIKH
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DON'T BE SURPRISED ( USD = INR ) : ( HEMANT )

Hemant Parikh at 06:02 PM - Mar 05, 2013 ( )

18 11

DON'T

BE

SURPRISED

TO

SEE

USD = INR

1 $ =  59 TO 61.90

BEFORE 

END

OF

2013



From: HEMANT PARIKH at 10:08 PM - May 28, 2013( )


http://www.mudraa.com/trading/174337/0/strong-demand-for-dollar-may-push-rupee-towards-57-58-.html



From: HEMANT PARIKH at 10:08 PM - May 28, 2013( )


http://www.mudraa.com/trading/174605/0/five-reasons-why-rupee-is-depreciating-hemant-.html



From: HEMANT PARIKH at 10:10 PM - May 28, 2013( )


http://www.oanda.com/currency/live-exchange-rates/USDINR/



From: HEMANT PARIKH at 11:05 AM - Jun 11, 2013( )


I ALREADY ALERT YOU ON MARCH 05, 2013

BUT NOBODY TRUST ON ME OR MY WORDS

GOD IS GREAT

 

::::: 59.01 ::::::



From: HEMANT PARIKH at 10:21 PM - Jun 19, 2013( )


 


From: HEMANT PARIKH at 09:29 AM - Jun 20, 2013( )


IF 

USD = INR

CROSS AND TRADE ABOVE 

::::::  61.90  ::::::

THEN 

YOU CAN SEE MORE UPSIDE

AND 

DON'T BE SURPRISED 

IF TOUCH

 

63.95------66------69.60

 

GOD IS GREAT



From: HEMANT PARIKH at 01:04 PM - Aug 06, 2013( )


TODAY 

TOUCH

>>>>> 62.11 >>>>>

FIRST TGT ACHIEVED

GOD IS GREAT



From: HEMANT PARIKH at 03:48 PM - Aug 19, 2013( )


TODAY

TOUCH

>>>>> 62.85 >>>>>

GOD IS GREAT



From: HEMANT PARIKH at 09:31 AM - Aug 20, 2013( )


TOUCH

>>>>> 64.15 >>>>>

GOD IS GREAT



From: HEMANT PARIKH at 04:31 PM - Aug 21, 2013( )


TOUCH

>>>>> 64.68 >>>>>

GOD IS GREAT



From: HEMANT PARIKH at 11:03 AM - Aug 22, 2013( )


TOUCH

>>>>> 65.24 >>>>>

GOD IS GREAT


From: HEMANT PARIKH at 02:06 PM - Sep 07, 2018( )


IF 

USD = INR

CROSS AND CLOSE ABOVE 

::::::  72.00 ::::::

THEN 

YOU CAN SEE MORE UPSIDE

AND 

DON'T BE SURPRISED 

IF TOUCH

 

73---73.7----74.2-----75.2

 

GOD IS GREAT


(101 to 120 out of 150) - Latest Replies on Top | First | << Previous | Next >> | Last |
Hemant Parikh at 10:28 AM - Jun 10, 2013 ( )

:::::  57.88  ::::::

Hemant Parikh at 03:37 PM - Jun 07, 2013 ( )

::::: 57.33 :::::

GOD IS GREAT

Hemant Parikh at 10:16 AM - Jun 06, 2013 ( )

AFTER TOUCHING LOW OF 56.50,

TAKE U TURN,

NOW 

::::: 57.19 :::::

GOD IS GREAT

Hemant Parikh at 09:04 PM - May 31, 2013 ( )

ये नोट सन 1948 की है। ओर इस नोट मैं नेताजी सुभाषचंद्र बोस की फोटो है। इस नोट को उस समय के प्रधानमंत्री जवाहरलाल नेहरू ने बंद करवा दिया.........

Jayesh Motta at 07:18 PM - May 31, 2013 ( )

Sorry Hemath bhai 

in your style

high:::: 57.30 :::::

regds-jayesh

Hemant Parikh at 03:01 PM - May 31, 2013 ( )

:::: 57.03 :::::

Hemant Parikh at 02:17 PM - May 31, 2013 ( )

::::: 56.92 :::::

Hemant Parikh at 10:01 AM - May 31, 2013 ( )

KEEP IN MIND

Hemant Parikh at 03:01 PM - May 29, 2013 ( )

::::: 56.64 :::::

Hemant Parikh at 11:40 AM - May 29, 2013 ( )

::::: 56.29  :::::

Radhee Sarma at 11:29 PM - May 28, 2013 ( )

May be...... we have a surprise in store on friday...........

Lets wait and see........

Radhee Sarma at 11:20 PM - May 28, 2013 ( )

 

The fall in rupee can be attributed primarily to 3 broad factors.

  • Firstly, the grim global economic outlook, essentially due to the European  crisis. Due to turbulence in European markets, investors are considering dollars as a safe haven for their investments in the longer run. This led to an increased demand for dollars vis-à-vis the supply for rupee …
  • Secondly, the fall in rupee can be largely attributed to the speculations prevailing in the markets. Due to a sharp increase in the dollar rates, importers suddenly started gasping for dollars in order to hedge their position, which led to an increased demand for dollars. On the other hand exporters kept on holding their dollar reserves, speculating that the rupee will fall further in future. This interplay between the two forces further fuelled the demand for dollars while sequestering its supply from the market. This further led to the fall in rupee.
  • Lastly,    FII’s leads to a high inflow of dollars into the Indian market.  As FII’s are taking or plan to take their investments out of the Indian markets, it has led to an increased demand for dollars, further leading to a spiraling rupee.

 

Evaluating the impact of the falling rupee on the Indian economy -

The first major impact of the falling rupee can be seen on the rising import bill. India imports close to 70% of its net fuel requirements. This means the companies importing oil have to shell out more rupees for the same dollar invoices.   This has severely impacted the bottom line of these companies as well as the subsidy bill of the Indian government. Huge buying of dollars from the market in order to meet the import bill has further added to the existing woes. Additionally, the falling rupee has added further to the inflationary pressures, as imports have become costlier and thus increasing the prices of key commodities such as oil, imported coal, minerals, and metals. However the falling rupee has substantially appreciated the revenues for the exporters, who receive more rupees for their dollar receipts.  These industries include the IT Services industry, textiles and other export oriented industries. Increasing imbalance in trade i.e. increasing imports over exports is bound to have severe impact on country’s fiscal deficit.

 I strongly feel this is a pre-cursor of FIIs taking their money out of Indian Markets.........temporarily atleast....

 

Hemanth ji,,, sorry for hijacking your thread........

Raman Khanna at 11:16 PM - May 28, 2013 ( )

$ WILL BE CROSS INR...59 UPTO NOVEMBER 2013.....

Abhinav Jain at 11:15 PM - May 28, 2013 ( )

@ Radhee Sarma, ok. As per me.... INR gave breakout 2 weeks back by closing above 54.80 and should goto minimum 57+. 

what really ticks INR we can't know. Since subsidy was a big issue to deficit and INR valuation, but that seems to be fading away with every month some rise coming in diesel cost to consumers..... but still INR is depreciating. So, look at dollar index... its rising.

RBI has tried to intervened many times last year by selling dollar (got a friend in forex settlement dept who informed) but it doesn't seem to work... so why really is INR up we cant know, except it is.

Hanumantharaju Ramaiah at 11:14 PM - May 28, 2013 ( )

Todays Dollar rise

dont give much importance to it and trade . it is just a speculative trade which is getting built up based CAD and friday GDP results .

Radhee Sarma at 11:08 PM - May 28, 2013 ( )

yes... Bharat bhai...... technically you are correct......

But the technicals hod good as long as the people behind them act rationally or technically...

Will this happen....

Please wait...... will give you more insight into this

Bharat Sharma at 11:05 PM - May 28, 2013 ( )

i meant to say continuoeslyif Dollar trades above $56 as moving average per day.

I know it is  above $56 which is today it went up there.

Radhee Sarma at 10:59 PM - May 28, 2013 ( )

Abhinav ji...

You are correct...... All time highs will always be broken......... As we all know the market will always operate on Demand Supply equation....

But.......

But the timing is important............The biggest concern will be the trade deficit and the Balance of payment ........

Is this the right time for the Government to allow USD to reach more and more highs..........

That is the crucial point here.........

The Point is "Behind every successful economist... there will be an operation"......... hahaha...

lets c

Leena Sebas at 10:56 PM - May 28, 2013 ( )

bharath future alreay crossed i guess now.

Abhinav Jain at 10:54 PM - May 28, 2013 ( )

@ Radhee Sarma, why do you think so? We managed to cross all time USD INR high of 52.15 and have been trading above it for months.

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