currency analysis : rupee will bounce back

free nse currency tips for 29 july 2015

NSE usd inr future today closed at 63.91 with loss. Intraday high was around 64.18 while low was at 63.89. Total 30 paisa intraday range and closed with loss. Here keep sell on rise view as RBI intervention as well a profit booking will continue.
NSE eur inr future today closed at 70.51 with 60 paisa loss. In intraday euro hit high around 71.09 while low was at 70.48. Total 61 paisa intraday range and closed with loss. Above 70.1 keep long view for euro.
NSE gbp inr future today closed at 99.67 with gain of 4 paisa. In intraday pound hit high around 99.88 while low was at 99.42. Total 50 paisa intraday range and closed with gain. Above 99.5 keep long view for big upside targets.
NSE jpy inr future today closed at 51.65 with 47 paisa loss. In intraday yen hit high around 52 while low was at 51.63. Total 40 paisa intraday range and closed with loss as yen continue its downtrend. Expect another sharp selloff for yen below 51.55.

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Updated: 28/07/2015 — 7:12 PM

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Pramod Baviskar

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