Tuesday, June 5, 2012

MCX - SX CURRENCY TIPS 05 JUN 2012


CURRENCY DAILY REPORT
                                                                                                                            05th JUNE– 2012

CURRENCY USDINR, EURINR JUNE FUT  RESISTANCE & SUPPORT LEVELS
SCHEME
R1
R2
R3
R4
S1
S2
S3
S4
USD INR
55.8650
56.0075
56.2875
56.5725
55.5800
55.4400
55.1475
54.8625
EUR INR
69.2600
69.4350
69.6475
69.9275
68.9800
68.8750
68.5275
68.2475



PRE MARKET NEWS
RUPEE TO REMAIN POSITIVE
"The rupee is likely to be positive given the rebound in the Euro and Asian equity market cues. The market will watch out for the G7 meeting outcome for further cues. The range for the day is seen between 55.25-55.80/USD."
  


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