Insignia Consultants
New Delhi
Monday, May 14, 2012
TIME 08:10 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 53.7925): Buy over 53.83 for 53.93-54.29 or sell below 53.62 for 53.49-53.21
EURO – INDIAN RUPEE MAY 2012 (CMP 69.5425): Buy over 69.61 for 69.76-69.89-70.74 or Sell below 69.25 for 68.98-68.62
BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 86.5675): Buy over 86.66 for 86.92-87.14 or sell below 86.34 for 86.21-85.88.
JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 67.2375): Buy over 67.42 for 67.75-68.18 or Sell below 67.12 for 66.98-67.78
| NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS | ||||||||
| CURRENCY | CMP | SUPPORT | RESISTANCE | |||||
| S3 | S2 | S1 | PIVOT | R1 | R2 | R3 | ||
| USD/INR MAY | 53.7925 | 53.0825 | 53.4550 | 53.6275 | 53.4575 | 53.8675 | 54.1300 | 54.5075 |
| EURO/INR MAY | 69.5425 | 69.3375 | 68.9700 | 69.2575 | 69.8950 | 69.6100 | 69.8950 | 70.5325 |
| GBP/INR MAY | 86.5675 | 85.1850 | 85.8650 | 83.2350 | 86.2125 | 86.7525 | 87.0175 | 87.4200 |
| JPY/INR MAY | 67.2375 | 66.1275 | 66.8650 | 67.1300 | 66.8650 | 67.4550 | 67.9775 | 68.3475 |
LIMIT ORDER
US DOLLAR-INDIAN RUPEE MAY 2012: Buy at 53.20 stop loss 52.96 for 54.25-54.75
EURO – INDIAN RUPEE MAY 2012: Sell at 70.74 stop loss 71.35 for 68.80-67.60 – call for tomorrow
BRITISH POUND-INDIAN RUPEE MAY 2012: Sell at 88.20 stop loss 89.20 for 86.20-84.2125 – call for next week
JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell at 68.59 stop loss 70.04 for 67.59-65.29 – call for next week
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
Chat Id: mcxsuretips@gmail.com (gtalk), insigniaconsultants@yahoo.com (yahoo)
(10:30 am to 5:30 pm Indian time, Monday to Friday)
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