Tuesday, 17 December 2019

NSE Currency Futures Report : 17th December 2019


Insignia Consultants
New Delhi
Tuesday, 17 December 2019
TIME 9:05 AM IST                         

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

NSE CURRENCY FUTURE REPORT

Calendar year demand will be the key to rupee trend against the major currencies. Euro is bullish. Pound can correction on speculation that UK Prime Minister Boris Johnson may delay brexit to December 2020. There will be short covering and more demand if rupee rises against the US dollar today.
Economic news will be the key to currency markets for the rest of the rest of the year. Also look for political surprises.
NSE CURRENCY FUTURE -- 27TH DECEMBER FUTURE
US DOLLAR-INDIAN RUPEE Current Price
₹ 71.0525
S3
S2
S1

R1
R2
R3
₹ 70.5300
₹ 70.7913
₹ 70.9292

₹ 71.1758
₹ 71.3138
₹ 71.5750
EURO-INDIAN RUPEE Current Price
₹ 79.2500
S3
S2
S1

R1
R2
R3
₹ 78.5450
₹ 78.8975
₹ 79.0836

₹ 79.4164
₹ 79.6025
₹ 79.9550
UK POUND-INDIAN RUPEE Current Price
₹ 94.4400
S3
S2
S1

R1
R2
R3
₹ 93.2525
₹ 93.8463
₹ 94.1598

₹ 94.7203
₹ 95.0338
₹ 95.6275
JAPANESE YEN-INDIAN RUPEE Current Price
₹ 64.9625
S3
S2
S1

R1
R2
R3
₹ 64.3925
₹ 64.6775
₹ 64.8280

₹ 65.0970
₹ 65.2475
₹ 65.5325
All technical are for reference only

1.    USD/INR 27th DECEMBER 2019:  (a) A break of 71.1175 will result in 71.3375 and 71.5550. (b) Sellers will be there only below 70.9200.
2.    EURO/INR 27TH DECEMBER 2019:  (a) Euro/inr needs to trade over 79.0825 to rise to 79.6550 and 79.8325. (b) Crash will be there below 78.9000 till Friday.
3.    GBP/INR 27TH DECEMBER 2019:  (a) Cable needs to trade over 94.2850 to rise to 94.9650 and 95.2550. (b) Crash will be there below 94.2850 to 93.7475 and 93.1175. (c) Pound can be a casino.
4.    JPY/INR 27TH DECEMBER 2019:  (a) Yen/inr needs to trade over 64.7950 to rise to 65.1050 and 65.2775. (b) Sell off will be there if jpy/inr trades below 64.7950.
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