NSE Nifty was trading 0.23% higher at 7226 points while BSE Sensex was trading 0.20% higher at 23763 points.
- On the other side, Indian rupee is well supported above 68.50 marks.
- India is going to release financial budget for the year 2016 on February 23.
- USD/INR intraday bias remains bearish for the moment. Intraday trading range will remain in between 68.35 - 68.68 levels.
- A daily close above 68.68 will turn the bias positive and take the parity back above 69.00 marks.
- Alternatively, current downfall will drag the parity around minor support level at 68.18 levels.
- Major resistance level fall at 68.68, 69.00 and 69.22 levels thereafter.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom 



