Weekly Monthly seems to sig
Short @ 55.35, Target 50.00
I'm expecting it to be between 57-53 for another 6-7 weeks....anyway it won't come down that is my analysis...

Because govt. Is not introducing any reforms except talking.Foreign investors have taken 500million dollars last april and they won't arrive back until india indies some expansion in private industry...

still a long way to go. . .at present lets get used to the new foreign exchange rates...