Monday, June 11, 2012

MCX-SX CURRENCY TIPS 00 JUN 2012


CURRENCY DAILY REPORT
                                                                                                                            11th JUNE– 2012



CURRENCY USDINR, EURINR JUNE FUT  RESISTANCE & SUPPORT LEVELS
SCHEME
R1
R2
R3
R4
S1
S2
S3
S4
USD INR
55.2550
55.0700
54.9425
54.6950
55.5025
55.5650
55.9325
56.1800
EUR INR
69.2850
69.2225
69.2750
69.2400
69.3200
69.2925
69.4175
69.4500



PRE MARKET NEWS
Rupee may remain vulnerable to Eurozone woes
"The rupee may remain vulnerable to the Eurozone woes. Any rally in domestic equity markets on hopes of a rate cut could cap its weakness. The range for the day is seen between 55.30-55.80/USD."


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