Wednesday, May 23, 2012

24th May: NSE currency future trading tips,NSE currency futures trading calls, NSE currency futures report & MCX-SX report



Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Thursday, May 24, 2012

 

 TIME 08:02 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 56.0675): Buy over 56.35 for 56.55-56.85 or sell below 55.95 for 55.68-55.25-54.47

 

EURO – INDIAN RUPEE MAY 2012 (CMP 70.9150): 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 88.1425): Buy over 88.39 for 88.62-88.96 or sell below 87.91 for 87.62-87.41

 

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 70.0650): Buy over 70.80 for 71.10-71.96 or sell below 70.14 for 69.86-69.36

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS

CURRENCY

CMP

SUPPORT

 

RESISTANCE

 

 

S3

S2

S1

PIVOT

R1

R2

R3

USD/INR MAY

56.0675

54.4700

55.6725

55.9300

56.0000

56.2900

56.4100

56.8100

EURO/INR MAY

70.9150

69.6100

70.2050

70.4900

71.1600

70.8600

71.1600

71.8800

GBP/INR MAY

88.1425

87.0100

87.5000

87.9600

88.3950

88.3950

88.7100

89.4200

JPY/INR MAY

70.5950

69.3600

70.0650

70.3900

70.0650

70.8000

71.1000

71.7200

 

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 71.20 stop loss 71.76 for 70.52-69.90

 

 

 

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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