Currency Forecast 8 January 2014

Currency Forecast 8 January 2014

USD/INR January expiry future last closed at 62.55 with 6 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.76 while low was 62.53. Total 23-paisa intraday range and closed with loss. For tomorrow, USDINR is sell with strict Stoploss 63 target 62.

EUR/INR January future last closed at 85.35 with gain of 8 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.5 while low was at 85.24. Total 26-paisa intraday range and closed with gain. Here next target is 86 with Stoploss below 85.

GBP/INR January expiry future last closed at 102.73 with gain of 18 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.84 while low was at 102.43. Total 41-paisa intraday range and closed with gain. For tomorrow 102 is Stoploss and 103.5 will be target zone.

JPY/INR January expiry future last closed at 59.91 with 1 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 60.16 while low was at 59.88. Total 28-paisa intraday range and closed flat. For tomorrow, JPYINR is buy with Stoploss 59.6 with target 60.4.

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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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