Tuesday, 27 August 2019

NSE Currency Futures Report : 27th August 2019


Insignia Consultants
New Delhi
Tuesday, 27 August 2019
TIME 9:03AM IST                          

 ----------------------------------------------------------------------------------------------------------------

NSE CURRENCY FUTURE DAILY REPORT

Yesterday’s high has to be broken in rupee against the US dollar to rise further. Chances of correction will be very high as long as yesterday’s high is not broken. Globally focus is on US-China trade war and interest rates. Month end position squaring and rebuilding should increase volatility.
NSE CURRENCY FUTURE -- AUGUST FUTURE

USD/INR
EURO/INR
GBP/INR
JPY/INR
CMP
71.7900
79.7425
87.6500
67.9000
S5
71.2200
79.0450
86.7200
67.0950
S4
71.3568
79.2124
86.9432
67.2882
S3
71.5050
79.3938
87.1850
67.4975
S2
71.5723
79.4761
87.2947
67.5925
S1
71.6555
79.5779
87.4305
67.7100





R1
71.9245
79.9071
87.8695
68.0900
R2
72.0077
80.0089
88.0053
68.2075
R3
72.0750
80.0913
88.1150
68.3025
R4
72.2232
80.2726
88.3568
68.5118
R5
72.3600
80.4400
88.5800
68.7050

CMP= Current price market price
ABOVE TECHNICALS ARE ONLY FOR REFERENCE

1.    USD/INR AUGUST 2019:  Crash or sell off will be there only below 71.5400 today. Key resistance is at 72.0350.
2.    EURO/INR AUGUST 2019:  200 day moving average at 79.5800 is the key long term support. Euro/inr needs to trade over 79.5800 to be in bullish zone.
3.    GBP/INR AUGUST 2019:  Gbp/inr needs to trade over 87.4325 to be in intraday bullish zone.
4.    JPY/INR AUGUST 2019:  Yen can fall to 67.5650 as long as it trades below 68.1050.
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. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani
Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in India.
NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
Follow us on Twitter @insigniaconsul1
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also download our Android App for these updates :

For live Updates You can also join our
For Full Reports and live trading calls please Call / Whatsapp 9311139549.
For todays Full report Please paytm using the barcode below:

No comments:

Post a Comment