Currency levels for 21 May 2014

Currency levels for 21 May 2014

Currency levels for 21 May 2014

 

USDINR May expiry future last closed at 58.53 with 14 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 58.9 while low was 58.61. Total 29-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss below 58.5.

 

EURINR May future last closed at 80.49 with gain of 11 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.67 while low was 80.37. Total almost 40-paisa intraday range and closed with gain. Euro above 80 will remain buy for intraday.

 

GBPINR May expiry future last closed at 98.88 with gain of 31 paisa. In intraday MCX-SX Pound-rupee, future hit high at 99.21 while low was at 98.57. Total 65-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss below 98.5.

 

JPYINR May expiry future last closed at 57.97 with 3 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 58.16 while low was at 57.73. Total 43-paisa intraday range and closed with gain. Yen above 57.5 rupee will remain buy for intraday.

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Pramod Baviskar

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