Indian Share Market Tips and Rupee Outlook Today

The rupee opens lower at 53.52/53 vs 53.36/37 last close as local stocks fall tracking Asian indexes.

Month-end oil-related USD demand will be watched, say dealers.

USD/INR may move toward 53.66-75, followed by 54, but eventual risk remains for down move towards 52.18, the 38.2 percent of the 43.85-57.32 (February 27, 2011-June 22, 2012) rally, charts show.

Stock Market Trading Tips Today :

BHEL seems very strong, recommended to sell over next 3 sessions with target of 235

Sell sbin @current level sl 2220 target below 2200 2180 2160