Indian rupee future tips 8 Oct 2014
USD INR Oct. expiry future last closed at 61.72 with 22 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 61.83 while low was 61.6. Total 23-paisa intraday range and closed with loss. For tomorrow, expect bounce back near 61.5.
EUR INR Oct. future last closed at 77.76 with loss of 24 paisa. In Intraday MCX-SX Euro-rupee future hit high at 78.02 while low was 77.7. Total almost 32-paisa intraday range and closed with loss. For intraday expect bounce up to 78.5.
GBP INR Oct. expiry future last closed at 99.07 with loss of 115 paisa. In intraday MCX-SX Pound-rupee, future hit high at 99.8 while low was at 98.94. Total 86-paisa intraday range and closed with loss. Stay long with stop loss below 98.
JPY INR Oct. expiry future last closed at 56.86 with 50 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 56.92 while low was at 56.46. Total 48-paisa intraday range and closed with gain. For intraday hold long view with stop loss 58.7.