4th 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

 

Wednesday, July 04, 2012

 

 TIME 10:20 AM IST                          

 

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NSE/MCX-SX (CURRENCY FUTURES) BUY ABOVE AND SELL BELOW TRADING CALLS

(Only for those who sit on the trading screen)

 

Calls to be executed on which ever is executed first

 

US DOLLAR-INDIAN RUPEE JULY 2012 (CMP 54.7125): Sell below 54.48 for 54.38-54.18 stop loss 54.62

 

EURO – INDIAN RUPEE JULY 2012 (CMP 68.8400): Buy at 68.24 stop loss 68.98 for 68.76-69.25

 

BRITISH POUND-INDIAN RUPEE JULY 2012 (CMP 85.7100): Buy at 84.65 for 85.28-86.80

 

JAPANESE YEN-INDIAN RUPEE JULY 2012 (CMP 68.5500): sell below 68.50 for 68.25-67.79

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JULY	54.8550	53.7925	54.3394	54.6778	54.8850	54.9513	55.2247	55.5631
EURO/INR JULY	69.0150	68.1992	68.6504	69.0150	69.0150	69.3796	69.4692	69.8308
GBP/INR JULY	85.8775	84.5419	85.1153	85.5788	85.5700	86.0422	86.6156	86.6894
JPY/INR JULY	68.7225	67.6662	68.2144	68.6575	68.6575	69.1006	69.3987	69.6488

 

 

 

 

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

 

APPROPRIATE STOP LOSSES ON THE TRADING CALLS GIVEN IN THIS REPORT

 

USD/INR: 0.07-1.012

EURO/INR: 0.20-0.30

GBP/INR: 0.20-0.30

JPY/INR: 0.15-0.20

 

 

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