currency forecast for 4 jun 2013

currency forecast for 4 jun 2013

 

mcx-sx usd inr forecasts

usdinr jun expiry future last closed at 56.99 with gains of 20 paise.in intraday mcx-sx dollar rupee future made high at 57.04 while low was 56.6.5.total 39 paise intraday movement and strong dollar after initial drop.for tomorrow expect 57.2 to 57.3 as target while buy near support 56.8 with stoploss.

mcx-sx eur inr forecasts

eurinr jun expiry future last closed at 74.04 with gains of 32 paise.in intraday mcx euro rupee future made high at 74.18 while low was 73.65.total 53 paise intraday range and stronger euro.here buy near 73.8 with stoploss and expect 74.3 to 74.4 as targets on upside.

mcx-sx gbp inr forecasts

gbpinr jun expiry future last closed at 86.86 with gains of 56 paise.in intraday mcx-sx pound rupee future made high at 86.93 while low was 86.15.total 78 paise intraday movement and strong pound as expected.for tomorrow buy on correction near 86.6 with stoploss and expect 87 to 87.5 as next target zone.

mcx-sx jpy inr forecasts

jpyinr jun expiry future last closed at 56.78 with gains of 24 paise.in intraday mcx-sx yen rupee future made high at 56.88 while low was 56.33.total 55 paise intraday movement and recovering yen as expected.for tomorrow buy neat 56.5 with stoploss and expect target near 57.

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Pramod Baviskar

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