Currency forecast 3 January 2014

Currency forecast 3 January 2013

USD/INR January expiry future last closed at 62.7 with 48 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.7 while low was 62.02. Total 68-paisa intraday range and closed with gain. For tomorrow, keep Stoploss at 62 and expect target 63+.

EUR/INR January future last closed at 85.81 with gain of 19 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.87 while low was at 85.35. Total 52-paisa intraday range and closed with gain. Here next target is 87 with Stoploss below 85.4.

GBP/INR January expiry future last closed at 103.7 with gain of 82 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.7 while low was at 102.62. Total 100-paisa intraday range and closed with gain. For tomorrow 103 is Stoploss and 104.5 will be target zone.

JPY/INR January expiry future last closed at 59.5 with 41 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 59.51 while low was at 58.94. Total 60-paisa intraday range and closed with gain as rupee tumbles. For tomorrow, stay long with strict Stoploss 59 for target 60.

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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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