Wednesday, May 09, 2012

10th May: NSE currency future report, tips n calls & MCX-SX report


Insignia Consultants
New Delhi

Thursday, May 10, 2012

 TIME 07:56 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 MAY 2012 (CMP 54.0025): Buy over 54.12 for 54.25-54.68 or sell below 53.9250 for 53.78-53.22

EURO – INDIAN RUPEE MAY 2012 (CMP 70.0625): Sell below 69.88 for 69.78-69.48 or buy over 70.13 for 70.48-70.96

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 87.0425): Buy over 87.12 for 87.28-87.58 or sell below 86.92 for 86.77-86.38.

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 67.8675): Buy over 67.98 for 68.14-68.48 or Sell below 67.72 for 67.48-67.37

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY
CMP
SUPPORT

RESISTANCE


S3
S2
S1
PIVOT
R1
R2
R3
USD/INR MAY
54.0025
53.4575
53.8350
53.9156
54.1750
54.1750
54.2975
54.6275
EURO/INR MAY
70.0625
69.5975
69.7800
69.9300
69.8950
70.1325
70.3200
70.6100
GBP/INR MAY
87.0425
86.2100
86.3800
86.7875
87.1150
87.4400
87.6400
87.8400
JPY/INR MAY
67.8675
66.8700
67.4075
67.6675
67.8825
68.0900
68.3550
68.6675

LIMIT ORDER

US DOLLAR-INDIAN RUPEE MAY 2012: Sell at 54.62 stop loss 54.88 target 54.1150-53.78


EURO – INDIAN RUPEE MAY 2012: Sell at 71.19 stop loss 71.37  target 70.26-69.26 – call till tomorrow

BRITISH POUND-INDIAN RUPEE MAY 2012: Sell at 88.50 stop loss 88.98 for 87.1150-86.2125 – call till tomorrow

JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell at 69.1525 stop loss 69.72 for 68.02-66.65 – call till Friday


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)
You can also mail your queries at insigniacommodity@gmail.com
              (10:30 am to 5:30 pm Indian time, Monday to Friday)





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