InvestorQ : how to buy a forex stock how to find indicators
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how to buy a forex stock how to find indicators

Answer
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Arti Chavan answered.
10 months ago


I suppose you are asking about a forex contract like the dollar/rupee or the Pound/rupee? Such forex stocks can be bought in the ETD section of the NSE or the BSE and your existing trading account can be used for the same. The logic is that if you expect the US dollar to strengthen versus the rupee then you buy a USDINR futures contract and you sell the contract if you expect the dollar to weaken vis-à-vis the rupee.


user profile image
Arti Chavan answered.
10 months ago


I suppose you are asking about a forex contract like the dollar/rupee or the Pound/rupee? Such forex stocks can be bought in the ETD section of the NSE or the BSE and your existing trading account can be used for the same. The logic is that if you expect the US dollar to strengthen versus the rupee then you buy a USDINR futures contract and you sell the contract if you expect the dollar to weaken vis-à-vis the rupee.