Insignia Consultants
New Delhi
Monday, May 28, 2012
TIME 09:35 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 55.4100): Sell below 55.37 for 55.26-55.00-54.57 or buy over 55.75 for 56.02-56.32
EURO – INDIAN RUPEE JUNE 2012 (CMP 69.6850): Buy over 69.90 for 70.1950-70.55 or sell below 69.6225 for 69.2650-69.0650
BRITISH POUND-INDIAN RUPEE JUNE 2012 (CMP 86.9725): Buy over 87.01 for 87.30-87.82 or sell below 86.66 for 86.2125-85.7050
JAPANESE YEN-INDIAN RUPEE JUNE 2012 (CMP 69.7400): Sell below 69.6075 for 69.3475-69.11 or buy over 69.86 for 70.14-70.46
LIMIT ORDER (call valid till tomorrow)
US DOLLAR-INDIAN RUPEE JUNE 2012: Sell around 56.30 stop loss 57.19 for 55.25-54.30 – call till Friday
EURO – INDIAN RUPEE JUNE 2012: Buy at 68.77 stop loss 68.40 for 70.2575-72.07 – call till Friday
BRITISH POUND-INDIAN RUPEE JUNE 2012: Buy at 85.70 stop loss 85.30 for 87.30-89.31
JAPANESE YEN-INDIAN RUPEE JUNE 2012: Sell at 71.20 stop loss 71.76 for 70.52-69.90
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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