Thursday, May 03, 2012

4th May: Nse currency futures tips, calls report & MCX-SC report


Insignia Consultants
New Delhi

Friday, May 04, 2012

 TIME 08:15 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 53.7150): Buy over 53.7675 for 53.92-54.30 or sell below 53.6350 for 53.4875-53.3300

EURO – INDIAN RUPEE MAY 2012 (CMP 70.5300): Buy over 70.6625 for 70.8100-71.05 or sell below 70.49 for 70.35-70.21

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 86.8325): Buy over 86.90 for 87.02-87.35 or sell below 86.67 for 86.53-86.3250.

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 66.8225): Buy over 67.02 for 67.25-67.52 or Sell below 66.70 for 66.45-66.15

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

RESISTANCE


S3
S2
S1
PIVOT
R1
R2
R3
USD/INR MAY
53.7150
53.0975
53.3300
53.6350
53.7675
53.8725
54.0225
54.3075
EURO/INR MAY
70.5300
70.0575
70.3000
70.4900
70.6625
70.6625
70.8225
71.1000
GBP/INR MAY
86.8325
86.1825
86.4550
86.6775
86.6700
86.9000
87.0200
87.6200
JPY/INR MAY
66.8225
66.0600
66.4200
66.7075
66.7075
66.9900
67.1475
67.3500

LIMIT ORDER

US DOLLAR-INDIAN RUPEE MAY 2012: Sell around 54.25 stop loss 54.77 for 53.50-52.90 – call for next week

EURO – INDIAN RUPEE MAY 2012: Sell around 71.41 stop loss over 72.10 for 69.52-68.50 – call for next week

BRITISH POUND-INDIAN RUPEE MAY 2012: Sell around 88.19 stop loss over 88.62 for 87.02-85.50

JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell around 67.76 stop loss over 68.10 for 66.17-65.48


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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