Currency forecast for 31 January 2014

mcxsx usdinr future tips

MCXSX Rupee future forecast for 31 January 2014

USDINR February expiry future last closed at 62.95 with 6 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 63.29 while low was 62.89. Total 40-paisa intraday range and closed with gain. For tomorrow, US dollar future is sell with 63.5 as stop loss and 62.5 as target.

 

EURINR February future last closed at 85.6 with loss of 36 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 86.35 while low was 85.52. Total almost 80-paisa intraday range and closed with loss. For tomorrow, euro future is sell with Stop loss will be 86 and target will be 85.

 

GBPINR February expiry future last closed at 103.61 with loss of 48 paisa. In intraday MCX-SX Pound-rupee, future hit high at 104.72 while low was at 103.53. Total 120-paisa intraday range and closed with loss. For tomorrow pound future is buy with Stop loss will be 103 and for target 104.

 

JPYINR February expiry future last closed at 61.44 with 21 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 61.89 while low was at 61.38. Total 50-paisa intraday range and closed with gain. For tomorrow yen, future is sell with strict Stop loss of 62 for target 60.8.

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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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