rupee futures technical outlook for 15-1-2015
Mcxsx dollar rupee future last closed at 62.36 with gain. In intraday usdinr, future made high at 62.42 while low was at 62.24. Total 16-paisa intraday range and closed with gain. For intraday, us dollar has strong support on downside at 62.1 and resistance at 62.7. Stay long with stop loss below 62.1.
Mcxsx euro rupee future last closed at 73.27 with 28-paisa loss. In intraday eurinr future hit high around 73.69 while low was at 73.19. Total 50-paisa intraday range and closed with loss. For intraday euro, have 73 as support and 74.1 as strong resistance. Expect upside for euro on weak rupee.
Mcxsx pound rupee future last closed at 94.65 with gain. In intraday gbpinr, future hit high at 94.96 while low was at 94.35. Total 60-paisa intraday range and closed with gain. For intraday pound has support around 94.5 while 95.5 is as strong resistance. Traders here stay long with stop loss.
Mcxsx yen rupee future last closed at 53.43 with gain of 81 paisa. In intraday jpyinr, future hit high at 53.52 while low was at 53. Total 52-paisa intraday range and closed with gain. Yen intraday support at 53 and resistance is at 54. Stay long with trailing stop loss for long positions.
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