12th June: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Tuesday, June 12, 2012

 

 TIME 08:26 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 JUNE 2012 (CMP 55.8825): Buy open price stop loss 55.40 target 56.2525-56.8075

 

EURO – INDIAN RUPEE JUNE 2012 (CMP 70.1250): Sell below 69.8600 for 69.6850-69.4550 or buy over 70.2250 for 70. 56-70.77

 

BRITISH POUND-INDIAN RUPEE JUNE 2012 (CMP 86.7775): Buy over 86.82 for 87.05-87.56 or sell below 86.32 for 86.12-85.77

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012 (CMP 70.3450): Buy over 70.4350 for 70.6650-70.9950 or sell below 70.2650 for 70.1250-70.0225-69.7600

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JUNE	55.8825	55.3150	55.4750	55.7250	55.9250	56.1250	56.3750	56.5750
EURO/INR JUNE	70.1225	69.6200	69.8275	70.0125	70.2250	70.2250	70.4325	70.6896
GBP/INR JUNE	86.7775	85.9050	86.4025	86.6925	86.8025	86.8025	87.2025	87.5950
JPY/INR JUNE	70.3450	69.5350	69.9500	70.1200	70.3500	70.3700	70.7250	71.4900

 

LIMIT ORDER –

US DOLLAR-INDIAN RUPEE JUNE 2012: Buy at 55.48 stop loss 55.10 for 56.75-57.75

 

EURO – INDIAN RUPEE JUNE 2012: Buy at 69.40 stop loss 69.10 for 70.45-71.45

BRITISH POUND-INDIAN RUPEE JUNE 2012: Buy at 86.25 stop loss 85.75 for 87.25-88.25

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012: Sell at 71.25 for 70.60-.69.97 stop loss over 71.60

 

 

 

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

 

 

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