Currency forecast for 28 Jan 2014

Currency forecast for 28 Jan 2014

Premarket MCX-SX trading strategy report

USDINR January expiry future last closed at 63.14 with 43 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 63.35 while low was 62.67. Total 70-paisa intraday range and closed with gain. For tomorrow, US dollar future is buy with 62.9 as stop loss and 63.6 as target.

EURINR January future last closed at 86.37 with gain of 55 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 86.68 while low was 85.74. Total almost 100-paisa intraday range and closed with gain. For tomorrow, euro future is buy with Stop loss will be 86 and target will be 87.

GBPINR January expiry future last closed at 104.58 with gain of 43 paisa. In intraday MCX-SX Pound-rupee, future hit high at 104.87 while low was at 103.45. Total 1.5-rupee intraday range and closed with gain. For tomorrow pound future is buy with Stop loss will be 104 and for target 105.

JPYINR January expiry future last closed at 61.58 with 32 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 61.86 while low was at 61.03. Total 80-paisa intraday range and closed with gain. For tomorrow yen, future is sell with strict Stop loss of 61 for target 59.5.

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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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