Currency outlook 18 Nov 2014

Currency outlook 18 Nov 2014

USD/INR Nov. expiry future last closed at 61.87 with 1 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 61.9 while low was 61.74. Total 16-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss 61.6.

EUR/INR Nov. future last closed at 77.36 with gain of 28 paisa. In Intraday MCX-SX Euro-rupee future hit high at 77.64 while low was 77.11. Total almost 53-paisa intraday range and closed with gain. For intraday stay long with stop loss below 77.

GBP/INR Nov. expiry future last closed at 96.8 with loss of 16 paisa. In intraday MCX-SX Pound-rupee, future hit high at 97.26 while low was at 96.53. Total 70-paisa intraday range and closed with loss. Buy near 96.5 with stop loss.

JPY/INR Nov. expiry future last closed at 53.25 with 8 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 53.54 while low was at 53.21. Total 30-paisa intraday range and closed with gain. For intraday buy near 53 rupee with stop loss.

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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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