Thursday, August 30, 2012

31st August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

Friday, August 31, 2012

TIME: 09:22 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

(All prices are in Indian rupees below in this report)

Commentary

Be prepared for big moves in rupee after the release of Indian April to June GDP numbers. Apart from this global factors will affect the rupee. There will be demand as Monday US markets are closed.

Trading strategy For the very large traders and high risk traders

USD/INR SEPTEMBER: Buy only if it usd/inr trades over 56.0200

EURO/INR SEPTEMBER: Sell only if euro/inr trades below 69.9800

GBP/INR SEPTEMBER: Sell only if gbp/inr trades below 88.1500

JPY/INR SEPTEMBER: sell only if yen/inr trades below 70.99

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) SEPTEMBER – 55.9250

Bullish over 55.8400 with 56.0750-56.2550 as price target

Bearish below 55.7200 with 55.6800 and 55.4800 as price target

Neutral Zone: 55.7200-55.8400

BREAK POINT: - 55.9825

·         55.82 is the key intra day support and usd/inr can rise to 56.02-56.27 as long as it trades over 55.82

·         There will be sellers only below 55.8200.

 

EURO-INDIA RUPEE (EUR/INR) SEPTEMBER – 69.9550

Bullish over 69.9550 with 70.1700-70.47 as price target

Bearish below 69.8950 with 69.7125-69.4850 as price target

Neutral Zone: 69.8950-69.9550

BREAK POINT: 70.1700

  • Euro/inr needs to break 70.17 today else it will fall to 69.69 and 69.48
  • There will be buyers only over 70.02

UK POUND -INDIA RUPEE (GBP/INR) SEPTEMBER – 88.2600

Bullish over 88.1500 with 88.5025 and 88.8300 as price target

Bearish below 87.9800 with 87.6125-87.3700 as price target

Neutral Zone: 87.9800-88.1500

BREAK POINT: 88.15

·         Pound/Inr can rise to 88.8325 as long as it trades over 85.1500

·         There will be sellers only below 88.1500

JAPANESE YEEN -INDIA RUPEE (JPY/INR) SEPTEMBER – 71.1900

Bullish over 71.04 with 71.3200 and 71.5225 as price target

Bearish below 70.92 with 70.6950 and 70.4850 as price target

Neutral Zone: 70.9200-71.04

BREAK POINT: - 71.2525

  • Yen needs to break 71.37 today for 71.97. If yen does not break 71.37 today then it will fall to 71.02 and 69.88
  • There will be sellers only below 71.0250

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Wednesday, August 29, 2012

30th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report


Insignia Consultants

New Delhi

Thursday, August 30, 2012

TIME: 09:58 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

(All prices are in Indian rupees below in this report)

Commentary

Tomorrow India releases its first quarter GDP numbers (April to June). If the numbers are below 5% then rupee (usd/inr) can weaken to 57.25 and 58.60 in the short term. The next eight days are very crucial for a short term direction of the rupee.

Trading strategy For the very large traders and high risk traders

USD/INR SEPTEMBER: Buy only if it usd/inr trades over 56.0200

EURO/INR SEPTEMBER: Sell only if euro/inr trades below 69.9800

GBP/INR SEPTEMBER: Sell only if gbp/inr trades below 88.1500

JPY/INR SEPTEMBER: sell only if yen/inr trades below 70.99

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) SEPTEMBER – 55.9425

Bullish over 55.8200 with 56.0750-56.2550 as price target

Bearish below 55.6900 with 55.4800 and 55.2500 as price target

Neutral Zone: 55.6900-55.8200

BREAK POINT: - 55.9825

·         A break of 56.0200 will pave the way for 56.2750-56.5750. On the lower side as long as 55.7800 holds downside risk will be limited

·         There will be sellers only below 55.7200.

 

EURO-INDIA RUPEE (EUR/INR) SEPTEMBER – 70.0675

Bullish over 69.9550 with 69.8800-70.1700 as price target

Bearish below 69.6850 with 69.5250-69.4250 as price target

Neutral Zone: 69.6850-69.5550

BREAK POINT: 70.1700

  • A consolidated break of 70.17 will pave the way for 70.52-71.07.
  • There will be sellers only below 69.9800

UK POUND -INDIA RUPEE (GBP/INR) SEPTEMBER – 88.3900

Bullish over 88.1500 with 88.5025 and 88.8300 as price target

Bearish below 87.9800 with 87.6125-87.3700 as price target

Neutral Zone: 87.9800-88.1500

BREAK POINT: 88.15

·         Pound/Inr can rise to 88.8325 as long as it trades over 85.1500

·         There will be sellers only below 88.1500

JAPANESE YEEN -INDIA RUPEE (JPY/INR) SEPTEMBER – 71.0500

Bullish over 70.8975 with 71.3700 and 71.6525 as price target

Bearish below 70.7750 with 70.5750 and 70.37 as price target

Neutral Zone: 70.7750-70.8950

BREAK POINT: - 70.9925

  • 70.8975 is the key support and yen/inr can rise to 71.8950 as long as it trades over 70.8975
  • There will be sellers only below 70.99

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 



Sunday, August 26, 2012

27th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

Monday, August 27, 2012

TIME: 07:08 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

(All prices are in Indian rupees below in this report)

Commentary

Rupee will take cues from the trend of the US dollar and stock markets. It better to trade in technical as they is not much news expected today to influence the rupee against the major currencies.  

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Buy on dips with a stop loss below 55.1300. Jobbers can sell below 55.48 for 55.35-55.19

EURO/INR AUGUST: Buy on dips with a stop loss below 68.80. Jobber can sell below 69.1125 for 69.0250-68.9050

GBP/INR AUGUST: Buy on dips with a stop loss below 87.52 and target of 88.15. Jobbers can sell below 87.6100 for 87.5200-87.2650

JPY/INR AUGUST: Buy only if yen/inr trades over 70.4900.

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.4800

Bullish over 55.4800 with 55.85-56.1625 as price target

Bearish below 55.3025 with 55.1150 and 54.7975 as price target

Neutral Zone: 55.3025-55.48..

BREAK POINT: - 55.4800

·         55.48 is the key support and rupee to trade over 55.4800 to target 55.8500.

·         There will be sellers only below 55.4800 for 55.2500-55.1100

·         A daily close below 55.4800 today will be bearish for tomorrow

EURO-INDIA RUPEE (EUR/INR) AUGUST – 69.3925

Bullish over 69.4750 with 69.8800-70.1700 as price target

Bearish below 69.1100 with 68.9000-68.8100 as price target

Neutral Zone: 69.1100-69.4750

BREAK POINT: 69.4750

  • 69.4750 is the key short term resistance and euro/inr needs to break and trade over 69.4750 for 70.1700.
  • However failure of euro/inr to break past 69.4750 will result in a fall to 69.11 and 68.9100

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.8375

Bullish over 87.6175 with 88.1525 and 88.5000 as price target

Bearish below 87.5200 with 87.1725-86.9400 as price target

Neutral Zone: 87.5200-87.6175

BREAK POINT: 87.6200

·         Pound/Inr can rise to 88.15-88.50 as long as it trades over 87.6200

·         There will be sellers only below 87.6200

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.3900

Bullish over 70.21 with 70.4900 and 71.4025 as price target

Bearish below 70.0600 with 69.8850 and 69.3825 as price target

Neutral Zone: 70.0600-70.2100

BREAK POINT: - 70.4900

  • Yen/inr needs to break 70.49 for 71.9075. A daily close below 70.21 today will be bearish for tomorrow.
  • There will be buyers only if yen trades over 70.4900

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 


Thursday, August 23, 2012

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


Insignia Consultants

New Delhi

Friday, August 24, 2012

TIME: 09:30 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

(All prices are in Indian rupees below in this report)

Commentary

Indian rupee should take cues from developments in Europe and performance of Indian stock markets. There will be demand as bank employees strikes are over. The demand for the last two days will be today which will prevent rupee from a major fall against the major currencies.

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Buy on dips with a stop loss below 55.08

EURO/INR AUGUST: Sell on rise with a stop loss of over 70.23

GBP/INR AUGUST: Buy on dips with a stop loss below 87.52 and target of 88.15. If the stop loss is hit then sell 87.20-86..80

JPY/INR AUGUST: Sell only if yen/inr trades below 70.30

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.4050

Bullish over 55.2575 with 55.66-55.86 as price target

Bearish below 55.1300 with 55.0250 and 54.8850 as price target

Neutral Zone: 55.1300-55.2575

BREAK POINT: - 55.3525

·         Usd/inr has managed to trade over 55.13 yesterday and can rise to 55.5575-55.7225

·         A daily close below 55.2575 will be bearish for usd/inr next week.

EURO-INDIA RUPEE (EUR/INR) AUGUST – 69.5550

Bullish over 69.3250 with 69.69-69.9500 as price target

Bearish below 69.1900 with 68.9825-68.4500 as price target

Neutral Zone: 69.1900-69.3250

BREAK POINT: 69.4750

  • 69.4750 is the key support and euro needs to trade over 69.4750 to target 69.95-70.35
  • There will be another wave of selling only below 69.4750

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.8075

Bullish over 87.5200 with 87.9250 and 88.2500 as price target

Bearish below 87.3700 with 87.1650-87.0200 as price target

Neutral Zone: 87.3700-87.5200

BREAK POINT: 87.6200

·         Pound/Inr can rise to 88.02-88.25 as long as it trades over 87.6200

·         There will be sellers only below 87.6200

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.3900

Bullish over 70.27 with 70.5500 and 71.1225 as price target

Bearish below 70.1200 with 69.9850 and 69.7600 as price target

Neutral Zone: 70.1200-70.2700

BREAK POINT: - 70.4200

  • Yen can rise to 70.71-71.25 as long as it trades over 70.1900.
  • There will be sellers below 70.1900

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 


Wednesday, August 22, 2012

23rd August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

Thursday, August 23, 2012

TIME: 09:30 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

(All prices are in Indian rupees below in this report)

Commentary

US dollar weakness is the key reason for rupee gains against the US dollar. Further hopes of more economic reforms next months has prevented traders from going long against the greenback. Indian bank employees continue strikes today also. This has limited trading volumes in the Indian inter-bank market.

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell on rise with a stop loss over 55.75

EURO/INR AUGUST: Buy on dips with a stop loss below 68.80

GBP/INR AUGUST: Buy on dips with a stop loss below 87.52 and target of 88.15. If the stop loss is hit then sell 87.20-86..80

JPY/INR AUGUST: Watch 69.86

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.2700

Bullish over 55.4875 with 55.66-55.86 as price target

Bearish below 55.3525 with 55.1350 and 54.8225 as price target

Neutral Zone: 55.3525-55.4875

BREAK POINT: - 55.3525

·         55.1325 is the key intra day support and rupee needs to trade over 55.1325 to target 55.4875-55.60.

·         There will be demand around 55.00 and there will be another wave of selling below 55.00, else dips are a buying opportunity.

EURO-INDIA RUPEE (EUR/INR) AUGUST – 69.2950

Bullish over 69.1000 with 69.62-69.9500 as price target

Bearish below 68.9400 with 68.6700-68.3500 as price target

Neutral Zone: 68.9400-69.1000

BREAK POINT: 69.1000

  • 69.1025 price target achieved. Euro/inr needs to trade over 69.1025 to target 69.95-70.37. Supports starts at 69.10 and further at 68.66
  • Those who are long use a trailing stop loss below 68.80

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.8175

Bullish over 87.7200 with 87.9525 and 88.3200 as price target

Bearish below 87.58 with 87.3750-87.1650 as price target

Neutral Zone: 87.5800-87.7200

BREAK POINT: 87.71

·         Pound/Inr needs to break 88.2900 by Monday to target 89.41. If pound is not able to break 88.2900 by Monday then it will fall to 87.0750

·         If you short then use a trailing stop loss of 88.10

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.3025

Bullish over 70.1925 with 70.5200 and 71.1225 as price target

Bearish below 69.8600 with 69.6750 and 69.4650 as price target

Neutral Zone: 69.8600-70.1925

BREAK POINT: - 70.1900

  • 70.2350 price target achieved. Yen can rise to 70.67-71.37 as long as it trades over 70.1900.
  • There will be sellers below 70.1900

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Monday, August 20, 2012

21st August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report


Insignia Consultants

New Delhi

Tuesday, August 21, 2012

TIME: 08:15 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell only if rupee trades below 55.90.

EURO/INR AUGUST: Sell only if it trades below 68.7000

GBP/INR AUGUST: Sell only if cable trades below 87.4000

JPY/INR AUGUST: Sell only if yen trades below 71.15

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.80

Bullish over 55.7600 with 56.1800-56.6500 as price target

Bearish below 55.6200 with 55.4625-55.2150 as price target

Neutral Zone: 55.6200-55.7600

BREAK POINT: - 55.8825

·         In the short term there is a mini double bottom formation around 54.90 which suggest that rupee can rise to 56.65-58.25 as long as it trades over 54.90

·         Today rupee needs to break 56.25 else it will trade in 55.55-56.25 wider range

·         Trading call:   sell at 56.38 stop loss 56.75 target 55.6800-55.4800

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.9150

Bullish over 68.7700 with 69.14-69.9500 as price target

Bearish below 68.6800 with 68.4600-68.1200 as price target

Neutral Zone: 68.6800-68.7100

BREAK POINT: 68.9700

  • A break of 69.0250 will pave the way for 69.14-69.75
  • There will be sellers only below 68.77
  • Trading call:  Sell at 69.35 stop loss 69.51 target 68.71-68.41

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.4575

Bullish over 87.4100 with 87.8825 and 88.3200 as price target

Bearish below 87.3575 with 87.1850-86.7825 as price target

Neutral Zone: 87.3575-87.41

BREAK POINT: 87.6200

·         Pound can rise to 87.80 and 88.25 as long as it trades over 87.35

·         There will be sellers only below 87.35

·         Trading call: Buy at 88.10 stop loss 87.98 target 88.85

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.2050

Bullish over 70.3700 with 70.7800 and 71.1225 as price target

Bearish below 70.1900 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.3700

  • Yen needs to trade over 70.37 today else to target 70.77-71.33.
  • Trading call: Sell at 71.35 stop loss 71.52 target 70.73-70.45

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Wednesday, August 15, 2012

16th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

Thursday, August 16, 2012

TIME: 10:30 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell only if rupee trades below 55.90.

EURO/INR AUGUST: Sell only if it trades below 68.7000

GBP/INR AUGUST: Sell only if cable trades below 87.4800

JPY/INR AUGUST: Buy only if yen trades over 71.00 for 71.25-71.57

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 56.0450

Bullish over 55.8800 with 56.2500-57.2500 as price target

Bearish below 55.6800 with 55.4800-55.1200 as price target

Neutral Zone: 55.6800-55.8800

BREAK POINT: - 56.0800

·         56.32 is the key resistance and rupee can weaken to 56.32-56.78 as long as it trades over 55.988

·         Trading call:   sell at 56.38 stop loss 56.75 target 55.6800-55.4800

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.8125

Bullish over 68.6100 with 69.10-69.9500 as price target

Bearish below 68.4800 with 68.1200-67.7600 as price target

Neutral Zone: 68.4800-68.6100

BREAK POINT: 68.9700

  • A break of 68.97 will pave the way for 69.10-69.95
  • There will be sellers only below 68.60
  • Trading call: sell at 69.4750 stop loss 69.90 target 68.5425-67.70 – call for Thursday.

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.7575

Bullish over 87.5200 with 88.2500 and 88.5800 as price target

Bearish below 87.3975 with 87.1225-86.9875 as price target

Neutral Zone: 87.3975-87.52

BREAK POINT: 87.6200

·         Pound can rise to 88.51 as long as it trades over 87.39

·         There will be sellers only below 87.39

·         Trading call: sell at 88.25 stop loss 88.45 target 87.45-87.10

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.6875

Bullish over 70.7300 with 71.2300 and 71.6725 as price target

Bearish below 70.3100 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.7300

  • Yen needs to trade over 70.73 today else to target 71.23-71.73.
  • Trading call: Sell at 71.35 stop loss 71.52 target 70.73-70.45

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Monday, August 13, 2012

14th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

Tuesday, August 14, 2012

TIME: 10:40 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell only if rupee trades below 55.60.

EURO/INR AUGUST: Sell only if it trades below 68.7000

GBP/INR AUGUST: Sell only if cable trades below 87.0500

JPY/INR AUGUST: Buy only if yen trades over 71.00 for 71.25-71.57

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.6975

Bullish over 55.5800 with 55.9600-56.2700 as price target

Bearish below 55.4800 with 55.3200-55.1200 as price target

Neutral Zone: 55.4800-55.4800

BREAK POINT: - 55.6200

·         Usd/inr looks slightly week and can fall to 55.90 and 56.25 before the next leg lower at 55.35-55.10

·         Trading call:   sell at 56.25 stop loss 56.75 target 55.4800-55.100

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.8225

Bullish over 68.6100 with 69.10-69.9500 as price target

Bearish below 68.4800 with 68.1200-67.7600 as price target

Neutral Zone: 68.4800-68.6100

BREAK POINT: 68.9700

  • A break of 68.97 will pave the way for 69.10-69.95
  • There will be sellers only below 68.60
  • Trading call: sell at 69.4750 stop loss 69.90 target 68.5425-67.70 – call for Thursday.

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 87.2900

Bullish over 87.0500 with 87.5200 and 88.0400 as price target

Bearish below 86.78 with 86.52-86.10 as price target

Neutral Zone: 86.78-87.0500

BREAK POINT: 87.0700

·         Pound can rise to 87.05-87.16 as long as it trades over 86.49

·         There will be sellers only below 86.49

·         Trading call: sell at 87.52 stop loss 87.76 target 87.07-86.48

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.9000

Bullish over 70.7300 with 71.2300 and 71.6725 as price target

Bearish below 70.3100 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.7300

  • Yen needs to trade over 70.73 today else to target 71.23-71.73.
  • Trading call: Sell at 71.35 stop loss 71.52 target 70.73-70.45

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Sunday, August 12, 2012

13th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report

Insignia Consultants

New Delhi

Monday, August 13, 2012

TIME: 09:10 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell only if rupee trades below 55.40.

EURO/INR AUGUST: Sell only if it trades below 68.5300

GBP/INR AUGUST: Sell only if cable trades below 86.4950

JPY/INR AUGUST: Buy only if yen trades over 70.73 for 70.97-71.37

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.3550

Bullish over 55.4700 with 55.6400-55.9100 as price target

Bearish below 55.3700 with 55.1000-54.9800 as price target

Neutral Zone: 55.2200-55.5100

BREAK POINT: - 55.4700

·         Usd/Inr should trade in 55.00-55.60 wider range

·         There will be sellers if rupee trades below 55.51

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.0700

Bullish over 68.3700 with 68.7100-69.2500 as price target

Bearish below 68.1200 with 67.8800-67.5675 as price target

Neutral Zone: 68.1200-68.37

BREAK POINT: 68.1200

  • 68.12 is the key resistance and euro/inr needs to trade over 68.12 else it will fall to 67.85 and 67.58
  • Short term traders buy as near to 67.58 with a stop loss below 67.09

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 86.69

Bullish over 86.4900 with 87.0700 and 87.3600 as price target

Bearish below 86.36 with 86.1900-85.8325 as price target

Neutral Zone: 86.36000-86.4900

BREAK POINT: 86.4950

·         Pound can rise to 87.05-87.16 as long as it trades over 86.49

·         There will be sellers only below 86.49

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.6400

Bullish over 70.7300 with 71.2300 and 71.6725 as price target

Bearish below 70.3100 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.7300

  • Yen needs to trade over 70.73 today else to target 71.23-71.73.
  • There will be sellers only below 70.7200

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 


-

Friday, August 10, 2012

Weekly: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report


Insignia Consultants

New Delhi

Saturday, August 11, 2012

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WEEKLY NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: use a sell on rise strategy as long as rupee des not break 56.15-56.25 with a price target of 55.15-54.90

EURO/INR AUGUST: Sell only if euro trades below 67.58 or sell over 69.10 stop loss 69.95

GBP/INR AUGUST: Buy on sharp dips with a stop loss below 85.2900

JPY/INR AUGUST: Sell over 71.37 stop loss 72.47

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.4975

Bullish over 55.7900 with 56.2900-56.8500 as price target

Bearish below 55.48000 with 55.1300-54.8200-54.1400 as price target

Neutral Zone: 55.4800-55.7900

BREAK POINT: - 55..4875

·         Usd/Inr should trade in 54.80-56.25 wider range. Only a break of 56.25 will result in 57.25-57.85.

·         There will be buyers at lower prices as long as rupee trades over 54.80

·         Key Support: 55.48-54.77

·         Key Resistance: 55.7975-56.3350

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.1000

Bullish over 68.1200 with 69.1000-70.5500 as price target

Bearish below 67.5800 with 67.0900-66.2500 as price target

Neutral Zone: 67.5800-68.1200

BREAK POINT: 67.5800-68.1200

  • Eur/inr can rise to 69.100-70.45 as long as it trades over 67.5800.
  • Only a daily close below 67.58 for four consecutive days will result in a short term bearish phase to 66.2500-65.5400
  • Key support: 67.0975-67.5875
  • Key resistances: 69.1025-70.4550

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 86.5300

Bullish over 86.9400 with 87.5200 and 88.8200 as price target

Bearish below 86.4900 with 85.9820-84.2375 as price target

Neutral Zone: 86.4900-86.9400

BREAK POINT: 86.4950

·         Pound needs to trade over 86.4900 for the whole week to target 87.5200 and 88.8225.

·         A daily close below 86.4900 will result in a bearish phase to 85.9850-84.2375

·         Key support: 85.9850

·         Key resistances: 86.9450-87.7575

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.7100

Bullish over 70.7300 with 71.2300 and 72.2425 as price target

Bearish below 70.1900 with 69.6875 and 67.4625 as price target

Neutral Zone: 70.1900-70.7300

BREAK POINT: - 70.7300

  • Yen needs to trade over 70.73 to target 71.37-72.42.
  • A daily close below 70.73 for four consecutive days will result in 69.96-69.20
  • Key support: 70.19
  • Key resistances: 71.2300-72.3925

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 


Wednesday, August 08, 2012

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



Insignia Consultants

New Delhi

Thursday, August 09, 2012

TIME: 08:31 am IST            

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Executive Summary

  • Tomorrow Currency markets are closed.
  • There will be position squaring and rebuilding for next week.
  • If demand from state run oil companies continues today then rupee can rise to 55.80-56.10 against the US dollar.  

NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: use a sell on rise strategy as long as rupee des not break 55.80-56.00 with a price target of 55.31-55.15

EURO/INR AUGUST: Sell only if it trades below 68.5300

GBP/INR AUGUST: Buy only if trades over 86.57 for 86.80

JPY/INR AUGUST: Sell on rise with a stop loss over 70.7300

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.4750

Bullish over 55.3600 with 55.6400-55.9100 as price target

Bearish below 55.2200 with 54.9800-54.6800 as price target

Neutral Zone: 55.2200-55.5100

BREAK POINT: - 55.5100

·         Usd/Inr can rise to 55.65-55.95 on a break of 55.51

·         There will be sellers if rupee trades below 55.51

·         We prefer to sell only if rupee trades below 55.51

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.5525

Bullish over 68.5300 with 68.9500-70.5500 as price target

Bearish below 68.1200 with 67.8800-67.5675 as price target

Neutral Zone: 68.1200-68.5300

BREAK POINT: 68.1200-68.5300

  • 68.53 is the intra day support and euro can rise to 68.87-69.12 as long as it trades over 68.5300
  • There will be sellers only below 68.5300

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 86.7625

Bullish over 86.5700 with 87.1900 and 87.3600 as price target

Bearish below 86.40 with 86.1800-85.8325 as price target

Neutral Zone: 86.4000-86.5700

BREAK POINT: 86.5775

·         Pound can rise to 87.05-87.16 as long as it trades over 86.54

·         There will be buyers on dips as long as pound trades over 86.30

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.7450

Bullish over 70.7200 with 71.0900 and 71.4425 as price target

Bearish below 70.3100 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.5400

  • Yen needs to trade over 70.72 today else it will fall to 70.0100 and 69.6400
  • There will be sellers only below 70.7200

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

You can also mail your queries at insigniaforex@yahoo.com

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

              (10:30 am to 5:30 pm Indian time, Monday to Friday)

 

 

Tuesday, August 07, 2012

8th August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report


Insignia Consultants

New Delhi

Wednesday, August 08, 2012

TIME: 07:20 am IST            

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NSE CURRNCY FUTURES/MCX-SX CURRENCY FUTURES TECHNICAL REPORT

Executive Summary

·         US non farm payrolls at 6:00 pm IST is the key. A weak number will be bullish for gold, silver, copper and crude oil.

·         Today's close will set the direction till early September.

·         Technically gold and silver are mildly bearish

Trading strategy For the very large traders and high risk traders

USD/INR AUGUST: Sell only if it trades below 54.14 for 53.70

EURO/INR AUGUST: Sell only if it trades below 68.5300

GBP/INR AUGUST: Buy only if trades over 86.57 for 86.80

JPY/INR AUGUST: Sell on rise with a stop loss over 70.7300

TECHNICAL VIEW

US-DOLLAR – INDIAN RUPEE (USD/INR) AUGUST – 55.2750

Bullish over 55.5100 with 55.6400-55.9100 as price target

Bearish below 55.2200 with 54.9800-54.6800 as price target

Neutral Zone: 55.2200-55.5100

BREAK POINT: - 55.2200

·         It needs to break 55.5275 else it will fall to 54.5275

·         There will be sellers only below 55.1400

EURO-INDIA RUPEE (EUR/INR) AUGUST – 68.6850

Bullish over 68.5300 with 68.9500-70.5500 as price target

Bearish below 68.1200 with 67.8800-67.5675 as price target

Neutral Zone: 68.1200-68.5300

BREAK POINT: 68.1200-68.5300

  • 68.1200 is the key support and euro can rise to 69.07-69.4700 as long as it trades over 68.1200
  • There will be sellers only below 68.1200

UK POUND -INDIA RUPEE (GBP/INR) AUGUST – 86.4900

Bullish over 86.5700 with 87.1900 and 87.3600 as price target

Bearish below 86.40 with 86.1800-85.8325 as price target

Neutral Zone: 86.4000-86.5700

BREAK POINT: 86.5775

·         86.5775 is the key resistance and pound needs to trade over 86.5775 to target 87.1925.

·         There will be sellers as long as pound trades below 86.5775

JAPANESE YEEN -INDIA RUPEE (JPY/INR) AUGUST – 70.4725

Bullish over 70.7200 with 71.0900 and 71.4425 as price target

Bearish below 70.3100 with 70.0100 and 69.6400 as price target

Neutral Zone: 70.3100-70.7200

BREAK POINT: - 70.5400

  • Yen needs to trade over 70.72 today else it will fall to 70.0100 and 69.6400
  • There will be sellers only below 70.7200

Happy profitable trading & Trade without emotions

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. Website www.insigniaconsultants.in

Disclosure: The directors have short positions in usd/inr and jpy/inr

"Print this report only if absolutely necessary. Save Paper. Save Trees."

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 ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

Customer care: 9311139549

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)

 

 


Wednesday, August 01, 2012

2nd August: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report



Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Thursday, August 02, 2012

 

 TIME 08:38 AM IST                          

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COMMENTARY ON NSE CURERNCY FUTURES

 

US DOLLAR-INDIAN RUPEE AUGUST 2012

 

55.87 is the key resistance and a break of the same will result in 56.02-56.25. On the lower side 55.58 is the key intra day support and there will be another wave of selling below 55.58 to 55.27-55.02

 

We prefer to use a sell on rise strategy till rupee does not break 56.35 with a price target of 55.48-55.25

 

EURO – INDIAN RUPEE AUGUST 2012

 

Eur/Inr can rise to 68.80 and 67.02 as long as it trades over 68.48. There will be sellers only below 68.40

 

We prefer to sell only if euro trades below 68.50 for 68.25-68.10

 

BRITISH POUND-INDIAN RUPEE AUGUST 2012

 

Pound can fall to 86.98-86.65 as long as it trades below 87.25. Its in a neutral zone as it needs to trade over 87.25for further 87.65-88.60

 

We prefer to watch 87.12 and sell only if pound trades below 87.12

 

JAPANESE YEN-INDIAN RUPEE AUGUST 2012

 

71.30 is the key support and yen can rise to 71.97-72.27 as long as it trades over 71.30. There will be sellers only below 71.30

 

 

 

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

 

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)