MCX-SX premarket tips 27 May 2014

MCX-SX premarket tips 27 May 2014

MCX-SX premarket tips 27 May 2014

USDINR May expiry future last closed at 58.73 with 36 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 58.86 while low was 58.34. Total 52-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss below 58.5.

 

EURINR May future last closed at 80.12 with gain of 58 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.33 while low was 79.47. Total almost 90-paisa intraday range and closed with gain. Euro above 80 will remain buy for intraday.

 

GBPINR May expiry future last closed at 98.92 with gain of 64 paisa. In intraday MCX-SX Pound-rupee, future hit high at 99.18 while low was at 98.2. Total 100-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss below 98.4.

 

JPYINR May expiry future last closed at 57.63 with 35 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 57.81 while low was at 57.25. Total 60-paisa intraday range and closed with gain. Yen above 57 rupee will remain strong as well as buy.

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Pramod Baviskar

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