Breakout in USDINR (above 63) : Warning for Nifty (Sell Off)

٧ مارس ٢٠١٥

Watchout USDINR in coming weeks, it is looking to go higher and a breakout will cause INR to move very swiftly !! And the effect of breakout will be on Nifty as FII would start to pull out from India !!
Better strategy would be Long USDINR and Short Nifty