Currency forecast 2 January 2014

Currency forecast 2 January 2014

USD/INR January expiry future last closed at 62.20 with 4 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.45 while low was 62.16. Total 30-paisa intraday range and closed with gain. For tomorrow, keep Stoploss at 62 and expect target 63.

EUR/INR January future last closed at 85.59 with gain of 5 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.65 while low was at 85.4. Total 25-paisa intraday range and closed with gain. Here next target is 86 with Stoploss below 85.

GBP/INR January expiry future last closed at 102.87 with gain of 21 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.2 while low was at 102.67. Total 53-paisa intraday range and closed with gain. For tomorrow 102.5 is Stoploss and 103.6 will be target zone.

JPY/INR January expiry future last closed at 59.13 with 11 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.31 while low was at 58.9. Total 41-paisa intraday range and closed with loss. Here now Stoploss at 59.4 for target 58.5.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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