12h July: 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, July 12, 2012

 

 TIME 08:41 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 JULY 2012 (CMP 55.6050): Sell at 55.60 stop loss 55.85 target 55.37-55.02 or sell below 55.48 for 55.35-55.10

 

EURO – INDIAN RUPEE JULY 2012 (CMP 69.2500): Sell at 69.40 stop loss 69.62 target 68.82-68.76 or sell below 69.17 for 69.02-68.76

 

BRITISH POUND-INDIAN RUPEE JULY 2012 (CMP 86.4425): Sell at 86.76 stop loss 86.86 target 86.25-85.98

 

JAPANESE YEN-INDIAN RUPEE JULY 2012 (CMP 70.0975): Sell open price stop loss 70.36 price target 69.76-69.48

 

NSE currency futures/MCX-SX DAILY TECHNICAL ANALYSIS
CURRENCY	CMP	SUPPORT				RESISTANCE
		S3	S2	S1	PIVOT	R1	R2	R3
USD/INR JULY	55.6050	54.8200	55.0600	55.2700	55.6000	55.7100	55.9500	56.0900
EURO/INR JULY	69.2500	68.1714	68.2986	68.8700	68.2100	69.3700	69.5600	69.8200
GBP/INR JULY	86.4425	85.3393	86.1257	86.2900	86.2975	86.5725	86.9100	87.3700
JPY/INR JULY	70.0975	69.3898	69.4902	69.9900	70.3350	70.1800	70.5600	70.9200

 

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)

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