USD/INR: Rupee which is in uptrend is facing short resistance at 51.50 per$ and yesterday after testing higher level of 51.50 closing was seen at 51.47 where days low was posted at 51.1 per$. Today’s after gap up opening near 51.51 per$ crossing the resistance at 51.5 per$ and will be in uptrend move where on lower side it’s not expected to trade below 51.3 per$ on closing basis and any dip will be buying opportunity where on higher side if sustain trading above 51 will spark the higher target of 51.75 per$ to 51.95 per$ immediately. Dollar index is trading just above 78 level at 78.25 and is taking support at 77.8 and is expected to continue the uptrend where on higher side 78.5 and 79 can be the expected target. Rupee is expected to trade in range of 51.5 per$ to 51.9$ for the day with buying at dips advise. Stochastic are trading just entered in overbought zone with positive intersection where some rise in price is expected.