MCX-SX CURRENCY TIPS 30 MAY 2012

CURRENCY DAILY REPORT

                                                                                                                            30 MAY – 2012

CURRENCY USDINR, EURINR JUNE FUT  RESISTANCE & SUPPORT LEVELS

SCHEME	R1	R2	R3	R4	S1	S2	S3	S4
USD INR	56.0300	56.2050	56.4650	56.7700	55.7250	55.5950	55.2425	54.9350
EUR INR	70.1700	70.3925	70.6675	71.0300	69.8100	69.6725	69.2250	68.8650

PRE MARKET NEWS RUPEE OPENS AT 56 PER DOLLAR The Indian rupee opened at 56 per dollar versus 55.67 yesterday. "The rupee will be under pressure on account of the Euro's weakness and global concerns. The range for the day is seen between 55.40- 56.20/USD."