Friday, June 1, 2012

MCX-SX CURRENCY TIPS


CURRENCY DAILY REPORT
                                                                                                                       1st JUNE – 2012



CURRENCY USDINR, EURINR JUNE FUT  RESISTANCE & SUPPORT LEVELS
SCHEME
R1
R2
R3
R4
S1
S2
S3
S4
USD INR
56.2600
56.0875
56.2000
56.0875
56.3750
56.3175
56.6625
56.7775
EUR INR
69.8100
69.6300
69.8275
69.7500
69.8875
69.7975
70.138375
70.2150



PRE MARKET NEWS

RUPEE TO BE UNDER PRESSURE

"The rupee will be under pressure due to both local & global factors. The dollar's strength, grim economic outlook in EU and weaker than expected US economic data will weigh on the currency. The range for the day is seen between 56.10-56.90/USD."


No comments:

Post a Comment