mcx-sx rupee future technical outlook for 7 January 2015
Mcxsx dollar rupee future last closed at 63.88 with gain. In intraday usdinr, future made high at 63.93 while low was at 63.61. Total 30-paisa intraday range and closed with gain. For intraday, us dollar has strong support on downside at 63.5 and resistance at 64.5. With stop loss below 63.5 stay long for intraday.
Mcxsx euro rupee future last closed at 76.02 with 12-paisa gain. In intraday eurinr future hit high around 76.19 while low was at 75.87. Total 32-paisa intraday range and closed with gain. For intraday euro, have 75.6 as support and 77as strong resistance. Traders here can buy near support with stop loss.
Mcxsx pound rupee future last closed at 97.03 with loss. In intraday gbpinr, future hit high at 97.31 while low was at 96.81. Total 50-paisa intraday range and closed with gain. For intraday pound has support around 96.5 while 98 is as strong resistance. Traders can buy near support with stop loss.
Mcxsx yen rupee future last closed at 53.7 with gain of 75 paisa. In intraday jpyinr, future hit high at 53.83 while low was at 53.13. Total 70-paisa intraday range and closed with gain. Yen intraday support at 53.5 and resistance is at 54.5. Above 53.5, keep long view for intraday.
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