According to Lt Col Ajay CEO www.astromoneyguru.com -Financial astrology says that Indian rupee may show strong upward movement against USD. Today Sun, Mars and Mercury are in Tula Rashi this combination will lead upward movement of Euro and Indian rupee. As per Available statistics The Indian rupee rose to a three-week high of 48 and below per US dollar on Tuesday, possibly due to some inflows into the local stock market and an unwinding of long dollar positions by banks, on the back of easing in the non-deliverable forward rates. Foreign institutional investors were net buyers of equities. This is the second session in more than a fortnight when FIIs were net buyers, while domestic institutions were net sellers. This is also very important Indian equity market has show sharp bounce back from Diwali around 2000 plus points have been gained one side as per expections. Kindly recollect may one week advance predictions about strong bounce back in Indian rupee proved correct. India's economy grew 9 percent prior to March and the central bank expects 7.5 to 8.0 percent growth this year. India's main share index was up after a cut in interest rates and reserve requirements over the weekend, which has boosted the sentiment. Prices strengthened after breaking the trend line support at 48.20 now next supports comes around 47.20/47.10 zone (blue line). Now any rallies could find resistance towards 48.30/48.50 areas. Indian stock market may show positive but volatile movement. Banking, metal, fertilizer sectors may show their strength while Software companies may witness profit booking during day. PSU banks Sbi, PNB, Chambal fertilizers, Ifci, Idfc, PFC, Ntpc Power Grid may be kept under observations while profit booking is expected in Satyam, wipro. Nifty 3266 to 3290 are very important levels for Indian stock market if Stock market trade minimum 2 hours at this levels or above then Nifty may see 3600 levels also within 3-7 trading days. As per Astro-economics this is very difficult nifty Zone .Once it is cross then it will attract investment from all directions. Predictions are base on financial astrology. Investors may go through their personal horoscope before taking any decisions.

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