intraday currency report

16th July: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

Monday, July 16, 2012

 TIME 08:02 AM IST                          

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NSE/MCX-SX (CURRENCY FUTURES) BUY ABOVE AND SELL BELOW TRADING CALLS

(Only for those who sit on the trading screen)

Calls to be executed on which ever is executed first

US DOLLAR-INDIAN RUPEE JULY 2012 (CMP 55.2650): Sell at 55.60 stop loss 56.02 target 54.80-54.20 or sell below 55.20 for 55.05-54.80

EURO – INDIAN RUPEE JULY 2012 (CMP 67.3700): Buy over 67.60 for 67.90-68.20 or buy at 66.47 stop loss 66.02 target 67.60

BRITISH POUND-INDIAN RUPEE JULY 2012 (CMP 85.3150): Buy at 84.39 stop loss 84.62 target 85.60-86.60

JAPANESE YEN-INDIAN RUPEE JULY 2012 (CMP 69.6475): Sell below 69.60 for 69.48-69.20 or sell at 70.40 stop loss 70.80 for 68.20 – stbt call

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JULY	55.2650	54.7373	55.0100	55.2000	55.2000	55.4125	55.6075	55.7400
EURO/INR JULY	67.3725	66.4700	66.9475	67.2000	66.9475	67.7450	68.0000	68.2200
GBP/INR JULY	85.3150	84.1800	84.2575	85.2950	85.7800	85.4800	85.7800	86.1700
JPY/INR JULY	69.6475	68.1000	68.4700	69.5800	69.9000	69.9000	70.0600	70.3700

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice.

NOTES TO THE ABOVE REPORT

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

ALL PRICES IN INDIAN RUPEES UNLESS OTHERWISE SPECIFIED

APPROPRIATE STOP LOSSES ON THE TRADING CALLS GIVEN IN THIS REPORT

USD/INR: 0.07-1.012

EURO/INR: 0.20-0.30

GBP/INR: 0.20-0.30

JPY/INR: 0.15-0.20

Customer care: 9311139549/9911136910 (Mr.Manan)

You can also mail your queries at insigniacommodity@gmail.com

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