free currency tips for 12 aug 2014

free currency tips for 12 aug 2014

free currency tips for 12 aug 2014

USDINR Aug. expiry future last closed at 61.4 with 6 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 61.47 while low was 61.2. Total 27-paisa intraday range and closed with loss. For tomorrow, expect rally in rupee on buying interest.

 

EURINR Aug. future last closed at 82.19 with loss of 10 paisa. In Intraday MCX-SX Euro-rupee future hit high at 82.29 while low was 82. Total almost 29-paisa intraday range and closed with loss. Stay short with stop loss of 82.55.

 

GBPINR Aug. expiry future last closed at 102.97 with loss of 26 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.15 while low was at 102.64. Total 51-paisa intraday range and closed with loss. Stay short with stop loss 103.4.

 

JPYINR Aug. expiry future last closed at 60.13 with 15 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 60.24 while low was at 59.94. Total 30-paisa intraday range and closed with loss. Expect correction up to 59.5.

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Pramod Baviskar

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