23rd May: NSE currency futures trading tips, NSE currency futures trading calls, NSE currency futures report & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Wednesday, May 23, 2012

 

 TIME 08:08 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 55.4900): buy open price stop loss 55.25 target 55.75-55.96 or sell below 55.25 for 55.05-54.55

 

EURO – INDIAN RUPEE MAY 2012 (CMP 71.1600): Buy over 71.16 for 71.36-71.76 or sell below 70.37 for 70.02-69.40

 

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 87.4875): Sell below 87.38 for 87.02.86.48 or buy over 87.61 for 87.96-88.25

 

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 69.5025): Sell below 69.17 for 68.8950-68.5750 or buy over 69.52 for 69.76-70.15

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR MAY	55.4900	54.7600	55.1700	55.4000	55.6700	55.6700	55.9300	56.2600
EURO/INR MAY	70.7650	69.8900	70.4900	70.6600	71.1600	70.8600	70.4900	70.7700
GBP/INR MAY	87.4875	86.8000	87.2300	87.3675	87.5875	87.5875	87.8000	88.3700
JPY/INR MAY	69.5025	68.6900	69.0900	69.3200	69.3600	69.7300	69.9000	70.1500

 

LIMIT ORDER (call valid till tomorrow)

 

US DOLLAR-INDIAN RUPEE MAY 2012: Sell around 56.30 stop loss 57.19 for 55.25-54.30 – call till Friday

 

EURO – INDIAN RUPEE MAY 2012: Sell at 71.88 stop loss 72.55 for 70.49-69.61

 

BRITISH POUND-INDIAN RUPEE MAY 2012: Sell at 89.42 stop loss 90.20 for 88.50-86.20

 

JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell at 70.39 stop loss 71.76 for 69.32-67.95 – 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

Chat Id: mcxsuretips@gmail.com (gtalk), insigniaconsultants@yahoo.com (yahoo)

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