13th april mcx sx nse currency report and tips

Insignia Consultants

New Delhi

www.insigniaconsultants.in

Friday, April 13, 2012

 TIME 08:00 AM IST

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NSE (CURRENCY) 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 APRIL 2012 (CMP 51.7000): Sell open price stop loss over 52.02 for 51.30-50.76

EURO – INDIAN RUPEE APRIL 2012 (CMP 67.9175): Buy open price stop loss below 67.30 for 67.96-68.32

BRITISH POUND-INDIAN RUPEE APRIL 2012 (CMP 82.4175): Sell below 82.40 for 82.25-82.02 or buy over 82.52 for 82.75-82.96

JAPANESE YEN-INDIAN RUPEE APRIL 2012 (CMP 63.8650):  Buy over 64.00 for 64.11-64.32 or sell below 63.78 for 63.56-63.38

NSE/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR APRIL	51.7000	51.2400	51.4975	51.5875	51.6425	51.7200	51.9525	52.3175
EURO/INR APRIL	67.9175	67.4200	67.7250	67.8300	67.9800	67.9350	68.0850	68.4525
GBP/INR APRIL	82.4175	81.8200	82.0475	82.2000	82.4000	82.6000	82.9550	83.3200
JPY/INR APRIL	63.8125	63.3000	63.5200	63.7000	63.7000	63.9125	64.0000	64.2075

LIMIT ORDER

US DOLLAR-INDIAN RUPEE APRIL 2012: Sell around 51.90 stop loss over 52.0200 for 51.4800-50.98

EURO – INDIAN RUPEE APRIL 2012: Sell around 68.30 stop loss over 68.46 for 67.98-67.42

BRITISH POUND-INDIAN RUPEE APRIL 2012: buy around 82.20 stop loss below 82.05 for 82.40-92.90

JAPANESE YEN-INDIAN RUPEE APRIL 2012: Buy around 63.30 stop loss below 62.89 for 64.80-65.30 – (10 days to 15 days time)

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

Customer care: 9311139549/9911136910 (Mr.Manan)

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