Tuesday, May 08, 2012

9th May: NSE currency future report, tips, calls & MCX-SX report


Insignia Consultants
New Delhi

Wednesday, May 09, 2012

 TIME 08:50 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 53.3950): Buy over 53.51 for 53.66-53.75 or sell below 53.2550 for 53.1550-52.9650

EURO – INDIAN RUPEE MAY 2012 (CMP 69.5575): Sell below 69.35 for 69.22-68.7825 or buy over 69.65 for 69.9300-70.13

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 86.2400): Buy over 86.27 for 86.42-86.78 or sell below 86.19 for 86.05-84.87.

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 66.9375): Buy over 67.02 for 67.12-67.35 or Sell below 66.82 for 66.65-66.35

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

RESISTANCE


S3
S2
S1
PIVOT
R1
R2
R3
USD/INR MAY
53.3950
52.8775
53.0825
53.2300
53.5200
53.4500
53.8300
54.1500
EURO/INR MAY
69.5575
68.7175
69.0750
69.2250
69.2250
69.6300
69.8950
70.4700
GBP/INR MAY
86.2400
85.6000
85.9200
86.2100
86.2100
86.3800
86.7800
87.1150
JPY/INR MAY
66.9375
66.4400
66.5550
66.8700
66.6575
66.9900
67.1300
67.5575

LIMIT ORDER

US DOLLAR-INDIAN RUPEE MAY 2012: Buy around 53.10-53.15 stop loss 52.90 for 53.75-54.10


EURO – INDIAN RUPEE MAY 2012: Buy at 68.80 stop loss 68.40 for 69.30-70.20

BRITISH POUND-INDIAN RUPEE MAY 2012: But at 85.70 stop loss 85.30 for 86.70-87.30

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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