Thursday, May 3, 2012

MCX-SX CURRENCY TODAY OPENING TREND 03 MAY 2012

MCX-SX CURRENCY DAILY REPORT



                                                                                                                            03 MAY – 2012


CURRENCY RESISTANCE & SUPPORT LEVELS
SCHEME
R1
R2
R4
S1
S2
S3
USD INR
53.2925
53.4350
53.8375
53.0625
52.9775
52.6900
EUR INR
70.1975
70.3150
70.9550
69.9050
69.7325
69.4950



PRE MARKET NEWS

EXPECTS RUPEE TO CONTINUE ITS SLIDE AGAINST DOLLAR

"The rupee is expected to continue its slide against the dollar. Weak global equity market cues are likely to weigh on the currency. The range for the day is seen between 52.90-53.15/USD."




TRADING IDEAS

TRADING IDEAS
GOLDEN OPTION INVESTMENT PORTFOLIO
MCX COMMODITY INVESTMENT PORTFOLIO
NCDEX AGRI INVESTMENT PORTFOLIO
CURRENCY INVESTMENT PORTFOLIO
BEES & FUTURES INVESTMENT PORTFOLIO


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