10th May: NSE currency future report, tips n calls & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

Thursday, May 10, 2012

 TIME 07:56 AM IST

 --------------------------------------------------------------------------------------------------------------------------------

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 54.0025): Buy over 54.12 for 54.25-54.68 or sell below 53.9250 for 53.78-53.22

EURO – INDIAN RUPEE MAY 2012 (CMP 70.0625): Sell below 69.88 for 69.78-69.48 or buy over 70.13 for 70.48-70.96

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 87.0425): Buy over 87.12 for 87.28-87.58 or sell below 86.92 for 86.77-86.38.

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 67.8675): Buy over 67.98 for 68.14-68.48 or Sell below 67.72 for 67.48-67.37

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR MAY	54.0025	53.4575	53.8350	53.9156	54.1750	54.1750	54.2975	54.6275
EURO/INR MAY	70.0625	69.5975	69.7800	69.9300	69.8950	70.1325	70.3200	70.6100
GBP/INR MAY	87.0425	86.2100	86.3800	86.7875	87.1150	87.4400	87.6400	87.8400
JPY/INR MAY	67.8675	66.8700	67.4075	67.6675	67.8825	68.0900	68.3550	68.6675

LIMIT ORDER

US DOLLAR-INDIAN RUPEE MAY 2012: Sell at 54.62 stop loss 54.88 target 54.1150-53.78

EURO – INDIAN RUPEE MAY 2012: Sell at 71.19 stop loss 71.37  target 70.26-69.26 – call till tomorrow

BRITISH POUND-INDIAN RUPEE MAY 2012: Sell at 88.50 stop loss 88.98 for 87.1150-86.2125 – call till tomorrow

JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell at 69.1525 stop loss 69.72 for 68.02-66.65 – call till Friday

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

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

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