USD-INR - J&K BILL EFFECT

AS MENTIONED YESTERDAY, THE PRICE SHOT BEYOND 70.40 AND CLOSED AT 70.86.

THE VALUE SHOULD GET RESISTANCE AT 71.10.

THIS DEPENDS UP ON THE SITUATION ARISEN OF J&K BILL IN THE PARLIAMENT. IF THE POLITICAL SCENARIO IS CONDUCIVE THE PRICE MAY REVERSE TO 70.4 LVL.