7th 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

 

Thursday, June 07, 2012

 

 TIME 08:15 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 55.5500): Buy over 55.99 for 56.18-56.40 or sell below 55.53 for 55.37-54.98

 

EURO – INDIAN RUPEE JUNE 2012 (CMP 69.4375): Sell below 69.2375 for 69.02-68.79

 

BRITISH POUND-INDIAN RUPEE JUNE 2012 (CMP 86.0725): buy over 86.2125 for 86.49-86.78 or sell below 85.94 for 85.78-82.68

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012 (CMP 70.0700): Buy over 70.35 for 70.78-70.86 or sell below 69.89 for 69.62-69.38

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JUNE	55.5500	54.9500	55.3700	55.5500	55.5800	55.8400	56.0500	56.3700
EURO/INR JUNE	69.4375	68.3300	68.7925	69.2375	69.2375	69.6800	70.1100	70.2300
GBP/INR JUNE	86.0725	85.1500	85.4600	85.6700	86.2125	86.2125	86.7500	87.4100
JPY/INR JUNE	70.0700	69.3800	69.4500	69.9000	70.3500	70.3500	70.7800	71.0300

 

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 68.54 stop loss 68.18 for 69.30-70.02

 

BRITISH POUND-INDIAN RUPEE JUNE 2012: Buy at 85.40 stop loss 85.10 for 86.21-87.00

 

JAPANESE YEN-INDIAN RUPEE JUNE 2012: Sell at 70.73 for 69.89-.68.97 stop loss over 71.36

 

 

 

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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