26th July: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Thursday, July 26, 2012

 

 TIME 08:49 AM IST                          

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COMMENTARY ON NSE CURERNCY FUTURES

 

US DOLLAR-INDIAN RUPEE JULY 2012

 

Looks weak rupee can rise to 56.3525 and 56.60 today as long as it trades over 56.10. There will be sellers if and only if rupee trades below 56.10 against the US dollar to 55.88

 

We prefer to sell only if rupee trades below 56.15 today

 

EURO – INDIAN RUPEE JULY 2012

 

Euro can rise to 68.75 and 69.50 as long as it trades over 68.15. There will be sellers only below 68.15 to 67.88-67.48

 

BRITISH POUND-INDIAN RUPEE JULY 2012

 

86.88 is the key support and pound can rise to 87.5875-87.99 as long as it trades over 86.88. There will be sellers only below 86.88 to 86.44-86.10

 

JAPANESE YEN-INDIAN RUPEE JULY 2012

 

72.12 price target achieved. Yen can rise to 72.25-72.75 zone as long as it trades over 71.37. There will sellers only below 71.37

 

 

 

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.

NOTES TO THE ABOVE REPORT

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

ALL PRICES IN INDIAN RUPEES UNLESS OTHERWISE SPECIFIED

 

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