Commodities

Sunday, 29 March 2026

A TECHNICAL UPDATE ON DOLLAR—vs---RUPEE-30.3.2026

 

DOLLAR—vs---RUPEE


Open—94.31--High---94.97---Low—93.70--Close---94.61 on 27.3.2026. 

All-Time High:-94.97 made on 27.3.2026.

Recent Low:-87.58 made on 16.10.2025. 

Support:92.67/92.46/92.28/91.88/91.67/91.93/91.14/90.87/90.65/90.47/90.34/89.98/89.82/89.70/89.65/89.20/88.92/8891/88.41/88.31/88.10/88.04/87.58/87.54/87.13/86.91/86.79/86.75/86.45/86.29/86.14/85.39/85.18/85.01/84.99/84.77/54.60/84.32/83.72.---- 

Resistance: 94.97/95.03/95.94/96.12/96.32/99.59/102.02/105.20.

It is in the strong long term uptrend and the overall technical setup looks good for the continuation of the up-move as of now. But moving down it has critical support points at 93.80---93.23---92.66---92.32---91.52----91.14---90.02---89.97(some figure may change at times). Please note that break and sustained close below 93.80 may trigger correction and break below each point thereafter make it deeper, however as long as it holds the range of 91.14---90.02---89.97on the closing basis the chances of up-move will be alive in the year—2026. But break & sustained close below 91.14 will be an alert sign for going down and finally break & sustained close below 89.97 may witness an accelerated fall. 

Similarly moving up its important resistance points could be at 94.97---95.03----95.94---96.12---96.32, it may correct at any of these points and then may resume the up-move again or halt the on-going move for a while, so watch-out. 

NOTE: - It is a technical assessment as of now, the technical interpretation changes with the price movement and time; therefore it has to be reviewed at regular intervals.

Disclaimer:- I am not a SEBI registered technical analyst. The view expressed here are solely of the author and purely for the academic and educational purpose. This is in no way a trading or investment advice.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

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