rupee derivatives levels for tomorrow
NSE usd inr future today closed at 64.05 with 11 paisa loss. Today’s dollar rupee future high was 64.29 while low was at 64. Closed near low with bearish outlook for tomorrow. For intraday expect resistance at 64.24 and support at 63.7. Traders can sell near 64.2 with stop loss for intraday target of 63.7.
Euro rupee future today closed at 72.22 with 8 paisa loss. Today euro hit high around 72.9 and 72.13. Total almost 80 paise intraday range and closed with loss as rupee sees buying. For tomorrow eur inr support zone is 71.8 and resistance is 72.55. Intraday currency traders can sell near 72.55 with stop loss for target 71.8 and below. In medium terms correction upto71 to 70 rupee is possible.
Pound rupee June future closed at 98.86 with gains of 85 paisa. In intraday gbp inr future made high around 99.16 while intraday low was at 98.55. For tomorrow 98.5 is support zone and 99.2 is a resistance. Traders can buy near support with stop loss for target 99.2 and above.
Yen rupee June future closed at 52 with gains of 27 paisa. In intraday yen rupee future made high around 52.33 while intraday low was at 51.5. Total 83 paise high volatile range and closed with gains. Here 51.8 is intraday support and 52.5 is strong resistances. Risky traders can go short near 52.5 with stop loss.