free nse currency future premarket analysis and trading strategy
Usd inr Aug future today closed at 64.42 with strong gains. Dollar rallied as expected and touched 64.45 resistance in intraday. On upside 64.55 to 64.6 is major supply zone and RBI might defend that level. On downside 64 and 63.8 are support zones. Expect intraday correction on RBI interventions and equity market bounce back.
Eur inr Aug future today closed at 71.08 with gain. Here rally might extend up to 71.5 to 71.8. On downside 69.7 and 70.5 are intraday support zone for this currency future.
Gbp inr Aug future today closed at 100.36 with gain of 112 paisa. Strong short covering seen in intraday by trapped short sellers. Here 99.8 is trailing stop loss for long positions and targets will be 100.8 to 100.95.
Jpy inr Aug future today closed at 51.58 with gain of 15 paisa. Weak rupee set yen to rally. So expect upside up to 52. On downside 51.4 and 51.2 are support zones as well as stop losses.