6th June: NSE currency future trading tips, NSE currency future trading calls, NSE currency future report & MCX-SX report

Insignia Consultants

New Delhi

www.insigniaconsultants.in

 

Wednesday, June 06, 2012

 

 TIME 08:23 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 55.9125): Buy over 55.99 for 56.18-56.40 or sell below 55.68 for 55.55-55.37-55.1850

 

EURO – INDIAN RUPEE JUNE 2012 (CMP 69.7000): Buy over 69.8250 for 69.9350-70.0550-70.1825

 

BRITISH POUND-INDIAN RUPEE JUNE 2012 (CMP 85.7450): Buy over 85.97 for 86.21-87.00

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012 (CMP 71.4125): Buy over 71.49 for 71.76-72.20 or sell below 71.26 for 71.12-70.68

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JUNE	55.9125	54.9850	55.5800	55.8000	55.9950	56.0200	56.1800	56.4000
EURO/INR JUNE	69.7000	69.2350	69.6600	69.7350	69.8250	69.8250	70.1300	70.5700
GBP/INR JUNE	85.7450	84.9000	85.1500	85.4600	86.2125	85.7800	86.0500	86.2300
JPY/INR JUNE	71.4125	70.7250	71.0300	71.1200	71.1200	71.4600	71.7600	72.4200

 

LIMIT ORDER –

US DOLLAR-INDIAN RUPEE JUNE 2012: Sell at 56.75 stop loss 57.05 for 56.25-55.75

 

EURO – INDIAN RUPEE JUNE 2012: Buy at 69.25 stop loss 68.80 for 70.30-71.20

 

BRITISH POUND-INDIAN RUPEE JUNE 2012: Buy at 84.90 stop loss 84.58 for 86.21-87.00

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012: Sell at 72.42 for 70.70-68.60 stop loss over 73.40

 

 

 

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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