USD/INR Nov’12 BUY 54.80 target 54.95 /55.10 stoploss 54.65
WELCOME
Tuesday, 20 November 2012
Thursday, 1 November 2012
CURRENCY IDEA WITH SUPPORT N RESISTANCE
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currency idea------01 nov 2012
USD INR (NOV– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.0500 with a SL 54.2000 possible targets of 53.8000/53.7000/53.5500.
EUR INR (NOV – Expiry)
Euro might fall further as technically looking weak.
Sell below 69.8700 with a SL 69.9700 possible targets of 69.7000/69.6075/69.4500.
OR
Buy above 69.9700 with a SL 69.8700 possible targets of 70.1000/70.2000/70.3500.
Currency Headlines:>>>>>>>>>>>
Asian currencies strengthen on global economic optimism.
Asian currencies are hovering near eight months high as the global economies have started showing the signs of recovery. Chinese manufacturing and South Korean exports have rose for the first time in four months indicating inherent strength in the Asian economies. Taiwan’s dollar advanced 0.1 percent to NT$29.227 against the greenback as of 12 p.m. local time, according to prices from Taipei Forex Inc. India’s rupee appreciated 0.1 percent to 53.765 and South Korea’s won traded at 1090.43 versus 1,090.70 yesterday. Indonesia’s rupiah fell the most in three weeks, declining 0.2 percent to 9,631, as a report showed the nation’s exports contracted for a sixth month. Emerging-market bond funds attracted $44.2 billion this year through Oct. 24, compared with $15.9 billion in all of 2011, according to U.S. data research firm EPFR Global. Thailand’s baht and Malaysia’s ringgit weakened 0.1 percent to 30.71 per dollar and 3.0512, respectively. Vietnam’s dong was little changed at 20,850.
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.0500 with a SL 54.2000 possible targets of 53.8000/53.7000/53.5500.
EUR INR (NOV – Expiry)
Euro might fall further as technically looking weak.
Sell below 69.8700 with a SL 69.9700 possible targets of 69.7000/69.6075/69.4500.
OR
Buy above 69.9700 with a SL 69.8700 possible targets of 70.1000/70.2000/70.3500.
Currency Headlines:>>>>>>>>>>>
Asian currencies strengthen on global economic optimism.
Asian currencies are hovering near eight months high as the global economies have started showing the signs of recovery. Chinese manufacturing and South Korean exports have rose for the first time in four months indicating inherent strength in the Asian economies. Taiwan’s dollar advanced 0.1 percent to NT$29.227 against the greenback as of 12 p.m. local time, according to prices from Taipei Forex Inc. India’s rupee appreciated 0.1 percent to 53.765 and South Korea’s won traded at 1090.43 versus 1,090.70 yesterday. Indonesia’s rupiah fell the most in three weeks, declining 0.2 percent to 9,631, as a report showed the nation’s exports contracted for a sixth month. Emerging-market bond funds attracted $44.2 billion this year through Oct. 24, compared with $15.9 billion in all of 2011, according to U.S. data research firm EPFR Global. Thailand’s baht and Malaysia’s ringgit weakened 0.1 percent to 30.71 per dollar and 3.0512, respectively. Vietnam’s dong was little changed at 20,850.
Wednesday, 31 October 2012
TECHNICAL Impact USD INR (NOV– Expiry)
TECHNICAL Impact
USD INR (NOV– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4000 with a SL 54.5500 possible targets of 54.1500/54.0500/53.9000.
EUR INR (NOV – Expiry)
Euro might fall further as technically looking weak.
Sell below 70.3500 with a SL 70.4500 possible targets of 70.2000/70.1075/70.0100.
OR
Buy above 70.4500 with a SL 70.3500 possible targets of 70.6000/70.7000/70.8200.
Currency Headlines
Asian currencies advance on Chinese economic optimism.
Asian currencies have got the support of the strengthening Chinese economy which has given support to the demand of the Asian assets. Chinese exports have picked up pace which is indicating recovery in Asian economies. The won appreciated 1.9 percent this month to 1,090.63. The Philippine peso climbed 1.2 percent to 41.215, China’s yuan rose 0.7 percent to 6.2434 and Malaysia’s ringgit advanced 0.3 percent to 3.0525. Thailand’s baht and Taiwan’s dollar appreciated 0.4 percent this month to 30.69 per dollar and NT$29.229, respectively. Indonesia’s rupiah slid 0.5 percent to 9,635, falling for a ninth straight month in the longest losing streak in at least two decades. Vietnam’s dong rose 0.2 percent to 20,845.
key TECHNICAL LEVELS Currency Expiry LTP S – 1 S – 2 R -1 R -2 USDINR 27-Nov 54.3475 54.4000 54.1500 54.0500 53.9000 54.5500 54.7500 54.8500 54.9900
EURINR 27-Nov70.3800/70.3500/70.2000/70.1075/70.0100/70.4500/70.6000/70.7000/70.8200
RBI REFERENCE RATE (30-10-12) CURRENCY US$ GB£ €URO ¥EN RATE 54.1650 86.8319 69.8495 68.2200
USD INR (NOV– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 54.4000 with a SL 54.5500 possible targets of 54.1500/54.0500/53.9000.
EUR INR (NOV – Expiry)
Euro might fall further as technically looking weak.
Sell below 70.3500 with a SL 70.4500 possible targets of 70.2000/70.1075/70.0100.
OR
Buy above 70.4500 with a SL 70.3500 possible targets of 70.6000/70.7000/70.8200.
Currency Headlines
Asian currencies advance on Chinese economic optimism.
Asian currencies have got the support of the strengthening Chinese economy which has given support to the demand of the Asian assets. Chinese exports have picked up pace which is indicating recovery in Asian economies. The won appreciated 1.9 percent this month to 1,090.63. The Philippine peso climbed 1.2 percent to 41.215, China’s yuan rose 0.7 percent to 6.2434 and Malaysia’s ringgit advanced 0.3 percent to 3.0525. Thailand’s baht and Taiwan’s dollar appreciated 0.4 percent this month to 30.69 per dollar and NT$29.229, respectively. Indonesia’s rupiah slid 0.5 percent to 9,635, falling for a ninth straight month in the longest losing streak in at least two decades. Vietnam’s dong rose 0.2 percent to 20,845.
key TECHNICAL LEVELS Currency Expiry LTP S – 1 S – 2 R -1 R -2 USDINR 27-Nov 54.3475 54.4000 54.1500 54.0500 53.9000 54.5500 54.7500 54.8500 54.9900
EURINR 27-Nov70.3800/70.3500/70.2000/70.1075/70.0100/70.4500/70.6000/70.7000/70.8200
RBI REFERENCE RATE (30-10-12) CURRENCY US$ GB£ €URO ¥EN RATE 54.1650 86.8319 69.8495 68.2200
Monday, 29 October 2012
NIFTY STRATEGY FOR NOV SERIES: 29 oct 2012
NIFTY STRATEGY FOR NOV SERIES:
EITHER:
BUY 5900 CALL AT 23 AND 5500 PUT AT 29 WITH NO STOP LOSS OR WITH SL OF 15.
MAX LOSS: 3700 OR 5200
PROFIT: UNLIMITED
(HIGH RISK BEARERS CAN PLAY WITHOUT SL AS WELL)
OR
BUY 5800 CALL AT 50 AND 5600 PUT AT 52 WITH SL 45/50
MAX LOSS: 5200/5700
MAX PROFIT: UNLIMITED
(HIGH RISK BEARERS CAN PLAY WITHOUT SL AS WELL)
IN FUTURES.....PLAY ON RANGE BREAK: 5625/30--5730/55 (SPOT)
***ALL THESE ARE BASED ON ONE LOT EACH STRATEGIES...PLAY WITH MULTIPLES AS PER YOUR RISK APPETITE.
Tuesday, 9 October 2012
Nifty view ------ 09 oct 2012
NIFTY SUPP 5700-5670 RESIS 5777-5800
NIFTY OPEN 5720-5730 >>>> SHORT TERM CALL
NIFTY OPEN 5720-5730 >>>> SHORT TERM CALL
IVRCL ------9 oct 2012
Momentum trade: Buy IVRCL @ 47.6 and at dips to 47. TGTs: 48.4-49-50
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