22nd May: NSE currency futures tips. NSE currency futures trading calls, NSE currency futures report, & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Tuesday, May 22, 2012

 

 TIME 09:20 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 54.8250): Sell at 54.82 stop loss 55.10 for 54.59-54.32

 

EURO – INDIAN RUPEE MAY 2012 (CMP 70.1050): Sell below 69.98 for 69.78-69.68 or buy over 70.20 for 70.32-70.62

 

BRITISH POUND-INDIAN RUPEE MAY 2012 (CMP 86.67): Buy over 86.78 for 86.96-87.01 or sell below 86.48 for 86.27-86.0200.

 

JAPANESE YEN-INDIAN RUPEE MAY 2012 (CMP 69.0200): Sell below 68.91 for 68.7750-68.3750 or buy over 69.32 for 69.66-70.15

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR MAY	54.8250	54.0000	54.4700	54.6700	54.7200	55.0725	55.2550	55.6725
EURO/INR MAY	70.1075	69.2250	69.6075	69.8950	69.8950	70.2050	70.4900	70.7700
GBP/INR MAY	86.6700	85.8675	86.2125	86.6600	87.0100	86.8200	87.0125	87.6000
JPY/INR MAY	69.0200	68.2200	68.7350	68.9200	69.3200	69.4200	69.7300	70.0650

 

LIMIT ORDER

 

US DOLLAR-INDIAN RUPEE MAY 2012: Sell around 55.15-55.25 stop loss 55.67 for 53.90-53.25 – call till tomorrow

 

EURO – INDIAN RUPEE JUNE 2012: Sell at 70.60 stop loss 71.25 for 69.20-68.60 – call for tomorrow

 

BRITISH POUND-INDIAN RUPEE MAY 2012: Buy at 86.00 stop loss 85.20 for 87.50-88.20 – call for tomorrow

 

JAPANESE YEN-INDIAN RUPEE MAY 2012: Sell at 70.39 stop loss 71.76 for 69.32-67.95 – 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

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