INR HITS A NEW LOW AGAINST USD

INDIAN RUPEE HAS HIT A NEW  LOW AGAINST US DOLLAR;  1USD = INR 61;  THE REASON WHY OUR MARKETS NEVER PARTICIPATED IN THE GLOBAL RALLY; THIS  DEPRECIATION OF INDIAN CURRENCY LEADS TO FEARS OF  RATE HIKE, INSTEAD OF POPULAR BELIEF THAT RATES MIGHT BE CUT IN THE NEXT POLICY REVIEW BY THE RESERVE BANK OF INDIA; DONT RUSH TO BUY STOCKS JUST BECAUSE THEY ARE AVAILABLE AT 50% DISCOUNT; THEY MIGHT GO DOWN FURTHER, UNLESS  THE CENTRAL GOVT TAKES SOME SERIOUS MEASURES TO  STEM THE ROT - RAJAN IYER

RELINFRA JUNE FUT 330; BOOK FULL PROFITS

REL INFRA JUNE FUT 330; BOOK FULL PROFITS; SHORT CALL GIVEN AT 335-336 RANGE - RAJAN IYER

RELINFRA FUT 333 BOOK PART PROFITS

RELINFRA JUNE FUT 333; BOOK PART PROFITS; SHORT CALL GIVEN AT 335-336 RANGE - RAJAN IYER

SHORT SELL RELINFRA JUNE FUT AT 335

SHORT SELL REL INFRA JUNE FUT AT 335-336 RANGE; SL 338 TARGETS 331/327 - RAJAN IYER

BHARTI JUL FUT 283; BOOK PART PROFITS

BHARTI AIRTEL JULY FUT CMP 283; BOOK PARTIAL PROFITS HERE; BUY CALL GIVEN  AT 281 - RAJAN IYER

TATAMOTORS FUT 275

TATAMOTORS JULY FUT CMP 275; BOOK PART PROFITS ; BUY GIVEN AT 273 - RAJAN IYER

BUY TATAMOTORS JUL FUT AT 273

BUY TATAMOTORS JULY FUT  AT 273   SL 271.50; TARGETS  276/278 - RAJAN IYER

BUY BHARTI AIRTEL JULY FUT AT 281

BUY BHARTI JUL FUT AT 281 SL 279.50 TGTS 285/288 - RAJAN IYER