Lupin looking strong on chart---19 DEC 2012

to zoom the chart double click on it 

as in a chart its looking strong buying @618-20 if sustain above 620 then it may touch 628-32-38
with sl 612.50

CURRENCY MORNING CALL UPDATE-->19 DEC 2012

USDINR OUR 1ST TARGET DONE OF 54.65 MADE LOW 54.64 SELL CALL GIVEN@54.90 

currency call ---->19 dec 2012

TECHNICAL Impact

USD INR (DEC– Expiry) 
US dollar is looking weak on charts hence selling is 
recommended in USD.


Sell around 54.9000 with a SL 55.0500 possible targets of
54.6500/54.5000/54.2000.


EUR INR (DEC – Expiry)
Euro might fall further as technically looking weak. 

Sell below 72.6000 with a SL 72.7000 possible targets of
72.4800/72.3300/72.2000. 
                                  OR 
Buy above 72.7000 with a SL 72.6000 possible targets of
72.8525/72.9800/73.1000. 

Currency Headlines 
Yen falls before Bank of Japan meet. 
Yen is hovering near sixteen months low against Euro before
Bank of Japan meet. Speculations have increased that Bank of
Japan might further ease monetary policies which has increased
the pressure on their currency. The euro rose to as high as
$1.3256 on trading platform EBS, its strongest level since early
May. It last changed hands at $1.3252, up 0.2 percent on the day. 
Against the yen, the euro rose 0.3 percent to 111.73 yen , the
single currency's highest level in nearly 16 months.