NSE Currency Futures Report : 17th May 2019

Insignia Consultants

New Delhi

Friday, May 17, 2019

TIME: 9:05 am IST

         

NSE CURRENCY FUTURES REPORT

There will be risk aversion in Indian currency markets. Traders will prefer to close their positions today or by Tuesday. All focus is now on election result next week. Volatility will rise.

NSE CURRRENCY FUTURES TECHNICAL LEVELS
	USD/INR MAY	EURO/INR MAY	GBP/INR MAY	JPY/INR MAY
CMP	70.3325	78.7350	90.0450	64.1300
S5	69.8825	78.1150	89.1800	63.2700
S4	69.9905	78.2638	89.3876	63.4764
S3	70.1075	78.4250	89.6125	63.7000
S2	70.1606	78.4982	89.7146	63.8015
S1	70.2263	78.5887	89.8409	63.9270
R1	70.4387	78.8813	90.2491	64.3330
R2	70.5044	78.9718	90.3754	64.4585
R3	70.5575	79.0450	90.4775	64.5600
R4	70.6745	79.2062	90.7024	64.7836
R5	70.7825	79.3550	90.9100	64.9900
ALL PRICES VERSUS THE INDIAN RUPEE ABOVE
CMP = Current Market Price
FOR SMALL TRADING/JOBBING PURPOSE
ABOVE TECHNICALS ARE ONLY FOR REFERENCE

PLEASE NOTE

We DO NOT have a live trading call service for NSE currency futures. We do advise exporters. Importers and corporates in managing their currency risk exposure.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currency, 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. Prepared by Chintan Karnani
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NOTES TO THE ABOVE REPORT

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

Indian Standard Time (IST): +5:30 GMT

Current Market Price (CMP)

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