Insignia Consultants
New Delhi
Friday, 01 November 2019
TIME
9:52AM IST
----------------------------------------------------------------------------------------------------------------
NSE CURRENCY
FUTURE DAILY REPORT 01 Nov 2019
Uncertainty over US-China trade deal and the
political drama has resulted in a weaker US dollar globally. Today’s US October
nonfarm payrolls will tell us the next interest rate cut (if any). One needs a
close watch on the Maharashtra political drama. Rupee (usd/inr) will break free
from the recent consolidation phase and form a new range.
|
NSE
CURRENCY FUTURE -- NOVEMBER FUTURE
|
||||
|
|
USD/INR
|
EURO/INR
|
GBP/INR
|
JPY/INR
|
|
CMP
|
71.0950
|
79.4925
|
92.1775
|
65.8875
|
|
S3
|
70.6425
|
78.4925
|
91.2400
|
65.1625
|
|
S2
|
70.8688
|
78.9925
|
91.7088
|
65.5250
|
|
S1
|
70.9882
|
79.2565
|
91.9563
|
65.7164
|
|
|
|
|
|
|
|
R1
|
71.2018
|
79.7285
|
92.3988
|
66.0586
|
|
R2
|
71.3213
|
79.9925
|
92.6463
|
66.2500
|
|
R3
|
71.5475
|
80.4925
|
93.1150
|
66.6125
|
|
|
||||
|
CMP=
Current price market price
|
||||
|
ABOVE
TECHNICALS ARE ONLY FOR REFERENCE
|
||||
1. USD/INR
NOVEMBER 2019: (a) Crash will be there
only below 70.9050 with 71.2550 as key resistance. (b) Today usd/inr needs to
trade over 71.0050 to rise to 71.1850 and 71.2750.
2. EURO/INR
NOVEMBER 2019: (a) It can rise to
79.7950 and 80.2550 (by next week) as long as it trades over 79.1975. (b) Sellers
will be there below 79.1975.
3. GBP/INR
NOVEMBER 2019: (a) Pound can rise to 92.5850
and 92.8900 by next week as long as it trades over 91.8450. (b) Crash will be
there below 91.8450.
4. JPY/INR
NOVEMBER 2019: (a) It needs to trade
over 65.4150 to rise to 66.2750 (by next week). Crash will be there below
65.4150.
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