Currency forecast 6 January 2014

Currency forecast 6 January 2014

USD/INR January expiry future last closed at 62.54 with 7 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.9 while low was 61.51. Total 40-paisa intraday range and closed with loss. For tomorrow, 63 is Stoploss and 62 is target for USDINR.

EUR/INR January future last closed at 85.36 with loss of 37 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.9 while low was at 85.29. Total 60-paisa intraday range and closed with loss. For tomorrow, sell eurinr future with Stoploss 86 for target 84.7.

GBP/INR January expiry future last closed at 102.93 with loss of 62 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.65 while low was at 102.91. Total 75-paisa intraday range and closed with loss. For tomorrow 103.5 is Stoploss and 102 will be intraday target.

JPY/INR January expiry future last closed at 59.92 with 53 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 60.36 while low was at 59.87. Total 50-paisa intraday range and closed with gain as yen recovers. For tomorrow, JPYINR Stoploss will be 59.6 for target 60.35.

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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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