TECHNICAL INSIGHT
USDINR FEB 2013
The pair seems to be range with upward bias. Though Selling pressure is seen at higher levels.
Buy near 53.85 SL 53.70 TGT 54.05/54.25 OR Sell near 54.25 SL 54.45 TGT 54.05/53.85
EURINR FEB 2013
Impact of weak EURUSD is seen in EURINR also. Buy can be considered of supports.
Buy near 71.5 SL 71.3 TGT 71.7/72 OR Sell near 72.25 SL 72.40 TGT 72.10/71.85
GBPINR FEB 2013
The pair has shown weakness, though it is near the supports. Its better to watch till Noon, and after European markets open, trade can be taken after clearer picture emerge.
JPYINR FEB 2013
Given uncertainty in USDJPY globally, the pair can have Gap up OR Gap down open. Its better to take any call after watching the 1st hour of trade in USDINR
USDINR FEB 2013
The pair seems to be range with upward bias. Though Selling pressure is seen at higher levels.
Buy near 53.85 SL 53.70 TGT 54.05/54.25 OR Sell near 54.25 SL 54.45 TGT 54.05/53.85
EURINR FEB 2013
Impact of weak EURUSD is seen in EURINR also. Buy can be considered of supports.
Buy near 71.5 SL 71.3 TGT 71.7/72 OR Sell near 72.25 SL 72.40 TGT 72.10/71.85
GBPINR FEB 2013
The pair has shown weakness, though it is near the supports. Its better to watch till Noon, and after European markets open, trade can be taken after clearer picture emerge.
JPYINR FEB 2013
Given uncertainty in USDJPY globally, the pair can have Gap up OR Gap down open. Its better to take any call after watching the 1st hour of trade in USDINR
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