Just an update for the post from last month that can be found here. Excuse the lazy chart extension.
We are still within the wedge and looking for the breakout (rupee to weaken past 46).
The Sensex seems to have made a lower high, and i think will continue to break down. For more analysis on the Sensex you can visit the Sensex post.
!!!!Updated Post!!!!!
ReplyDeletehttp://jrodperspective.blogspot.com/2011/06/usdinr-bse-sensex.html