The Relative Strength Index (RSI) of USDINR also provides us with another valuable insight. When the RSI is above 70 the chances of dollar prices reversing are high. We have witnessed this seven times in the last 10 years. Currently, the RSI of USDINR is in the overbought zone and trading above 70. This indicates the possibility of depreciation in USD and an appreciation in INR.
Tata Motors CV arm listing date announced. Check details
Tata Motors’ commercial vehicle arm (TMCV) will debut on exchanges on November 12, completing the automaker’s demerger into two listed entities—one for CVs and another