rupee outlook : US dollar may resume rally

free nse currency premarket tips for 4 aug 2015

NSE usd inr Aug future today closed at 64.34 with loss. In intraday dollar future hit low around 64.1 while high was at 64.37 and closed near it with recovery suggesting strong us dollar. For tomorrow keep buy on decline view with stop loss for target 64.45 to 64.55. Daily closing above 64.55 means fresh breakout for target 64.85.
NSE eur inr Aug future today closed at 70.49 with loss. In intraday euro future hit high around 70.82 while low was at 70.43. Total 40 paisa intraday range and closed with loss. Here keep long view with stop loss below 70.1 for upside positional targets.
NSE gbp inr Aug future today closed at 100.2 with loss. In intraday pound future hit high around 100.5 while low was at 100.15. Total 35 paisa intraday range and closed with loss. Here above 99 keep buy on dips view for near terms.
NSE jpy inr Aug future today closed at 51.8 with loss of 8 paisa. In intraday yen future hit high around 51.92 while low was at 51.73. Total 20 paisa intraday range and closed with loss. For yen keep sell on rise view with stop loss in place.

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