MCX-SX CURRENCY RES & SUP LEVEL 25 JUN 2012

MCX-SX PRE-SESSION

MCX –SX RESISTANCE AND SUPPORT LEVELS

SCHEME	R1	R2	R3	R4	S1	S2	S3	S4
USD INR	57.3350	57.4950	57.7100	57.9800	57.0650	56.9600	56.6375	56.3700
EUR INR	71.7800	71.9900	72.2500	72.5900	71.4400	71.3100	70.8900	70.5500

PRE MARKET NEWS RUPEE SEEN BETWEEN 56.80-57.50/USD RANGE "There are expectations of strong measures from the RBI and the government to improve the sentiment which could reverse the huge fall in the rupee seen last week. The rupee will however, continue to be very volatile and test new lows. Any intervention by RBI may halt the fall. The range for the rupee is seen between 56.80-57.50/USD