MCX-SX currency view for 3 sep 2014
USD INR Oct. expiry future last closed at 61.68 with 4 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 61.81 while low was 61.61. Total 20-paisa intraday range and closed with loss. For tomorrow, expect bounce back up to 62.
EUR INR Oct. future last closed at 78.03 with gain of 29 paisa. In Intraday MCX-SX Euro-rupee future hit high at 78.17 while low was 77.87. Total almost 30-paisa intraday range and closed with gain. For intraday stay long with stop loss 77.8.
GBP INR Oct. expiry future last closed at 99.06 flat. In intraday MCX-SX Pound-rupee, future hit high at 99.23 while low was at 98.98. Total 25-paisa intraday range and closed flat. Stay long with stop loss 98.7.
JPY INR Oct. expiry future last closed at 56.95 with 9 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 57.16 while low was at 56.9. Total 26-paisa intraday range and closed with gain. For intraday stay long with stop loss 56.6.