Insignia Consultants
New Delhi
Thursday, April 4, 2019
TIME: 9:29 am IST
NSE CURRENCY FUTURES
REPORT
The recent range trade in pound and euro
against the US dollar will be broken soon and a new range will be formed. Yen
is headed for a big one way move. Cable can rise on hopes of a softer brexit.
Look for short covering in rupee before US march nonfarm payrolls tomorrow.
Momentum is still down for the rupee.
UK Pound/Indian Rupee 26th
April 2019 Futures (Gbp/inr CMP 90.9450): One Support: 90.7850
One Resistance: 91.1025
o
Trend
is bullish.
o
Cable
can rise to 92.0050 by Monday as long as it trades over 90.6850-90.7850 zone.
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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. Prepared by
Chintan KarnaniWe do not have any branch.
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NOTES
TO THE ABOVE REPORT
PLEASE NOTE:
HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
ALL PRICES ARE
IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
Indian
Standard Time (IST): +5:30 GMT
Current Market
Price (CMP)
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