Insignia Consultants
New Delhi
Thursday, 07 November 2019
TIME
9:22AM IST
----------------------------------------------------------------------------------------------------------------
NSE CURRENCY
FUTURE DAILY REPORT
Speculation of postpone of a US-China trade deal to
December should result in a fundamental trade. US dollar has not sold off. This
implies that incoming economic data releases will determine currency price
movement. Better to remain on the sidelines for a week.
|
NSE CURRENCY FUTURE -- NOVEMBER
FUTURE
|
||||||
|
US DOLLAR-INDIAN RUPEE Current Price
|
₹ 71.1625
|
|||||
|
S3
|
S2
|
S1
|
|
R1
|
R2
|
R3
|
|
₹ 70.5950
|
₹ 70.8788
|
₹ 71.0286
|
|
₹ 71.2964
|
₹ 71.4463
|
₹ 71.7300
|
|
EURO-INDIAN RUPEE Current Price
|
₹ 78.8150
|
|||||
|
S3
|
S2
|
S1
|
|
R1
|
R2
|
R3
|
|
₹ 78.2575
|
₹ 78.5363
|
₹ 78.6834
|
|
₹ 78.9466
|
₹ 79.0938
|
₹ 79.3725
|
|
UK POUND-INDIAN RUPEE Current Price
|
₹ 91.4000
|
|||||
|
S3
|
S2
|
S1
|
|
R1
|
R2
|
R3
|
|
₹ 90.8500
|
₹ 91.1250
|
₹ 91.2702
|
|
₹ 91.5298
|
₹ 91.6750
|
₹ 91.9500
|
|
JAPANESE YEN-INDIAN RUPEE Current
Price
|
₹ 65.5350
|
|||||
|
S3
|
S2
|
S1
|
|
R1
|
R2
|
R3
|
|
₹ 65.0150
|
₹ 65.2750
|
₹ 65.4123
|
|
₹ 65.6577
|
₹ 65.7950
|
₹ 66.0550
|
|
All technical are for reference only
|
||||||
1. USD/INR
NOVEMBER 2019: (a) Key resistance is at
71.2175. A break of 71.2175 will trigger another wave of rise to 71.3600 and
71.5325. (b) Sell off will be there only below 71.0175.
2. EURO/INR
NOVEMBER 2019: (a) Key support is at
78.7100. (b) Euro/inr needs to trade over 78.7100 to rise to 79.3125 and
79.6500. (c) Crash will be there below 78.7100 to 78.2200.
3. GBP/INR
NOVEMBER 2019: (a) Pound can rise to
91.7050 and 92.0225 as long as it trades over 91.1550. (b) Crash will be there
only if cable trades below 91.4000.
4. JPY/INR
NOVEMBER 2019: (a) It needs to trade
over 65.3475 to rise to 65.9325 and 66.1225. (b) Crash will be there below 65.3475
to 65.1625 and 64.9675.
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