nse rupee futures predictions for 12 june 2015

rupee future pairs predictions for 12 june 2015

NSE dollar rupee future today closed at 64.17 with 10 paise gain. Intraday high was around 64.2 while low was at 63.93. Total 27 paise intraday range and closed with gain as once again rupee takes down road. For tomorrow intraday trade is buy with 63.8 is as support and 64.55 is target levels.

Euro rupee future closed at 72.21 with 2 paisa loss. Today euro hit intraday high at 72.59 while low was at 72.04. Total 55 paise intraday range and closed with loss as euro retraces back in international market. For tomorrow 72 is support and 73.2 is resistance and outlook is bullish for euro on weaker rupee fundamentals.

Pound rupee future closed at 99.19 with gains of 20 paisa. Intraday high of gbp was at 99.28 while intraday low was at 98.86. Total 42 paisa or half a percent range and closed with gains. For tomorrow expect 100+ level on weak rupee.

Yen rupee future closed at 51.88 with loss of 12 paise. In intraday yen hit high around 52.04 while intraday low was at 51.8. Total 24 paise intraday range and closed with loss as dollar continue its rally against yen. For tomorrow keep shorting view here with stop loss above 52.5 for target 51.4 and below.

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Pramod Baviskar

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