free rupee tips for tomorrow

free rupee tips for tomorrow 17 june 2015

NSE usd inr future today closed at 64.39 with 11 paise gains. Today’s intraday high was around 64.45 and low was at 64.2 for tomorrow us dollar has strong resistance at 64.65 and expect some correction from that levels. Risky traders can sell usdinr future near 64.65 with stop loss and expect target 64 and below on correction as well as RBI intervention.

Eur inr future closed at 72.49 with gains of 44 paisa. Intraday high was seen near 72.82. Here expect strong supply from market around 73 so traders can go short with stop loss above 73 for downside positional target of 71 rupee.

Gbp inr future today closed at 100.52 with gains of 1 rupee. Pound is in strong bull trend and heading as expected towards 101-102 levels. For tomorrow 100 rupee is support and above it keep long view for targets 101 and 102.

Yen rupee future last closed at 52.18 with 17 paisa gains intraday. Jpy is still weaker and these bounce back are due to relative weak rupee. Here keep sell on rise view with stop loss 52 for downside targets positionally.

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Pramod Baviskar

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