Time to buy the Dollar.

Currency futures are available on the NSE as well as on the MCX. Is it time to buy the dollar. If the dollar index moves up, we might see a rally in the dollar.
Find out what analysts see in the dollar index and the reason why they think a potential rally may be in the foreseeable future. Click on the link below:

What can go wrong?

First, we are just entering the earnings season. A pessimistic guidance by Infosys (reporting on July 13) can cause a lot of havoc and confusion.

Second, The American Markets have seen a rally after a big decline. If this rally is a relief rally, we may see lower levels which will certainly affect our own markets.

Third, unknown political events can affect us, for example, Afghanistan, Kashmir, Maoists, or even, Iran.

So, what should traders & investors do?
A breakout (close above 5360) is a reason to buy. keep stop losses.