Monday, April 8, 2019
TIME: 9:08 am IST
NSE CURRENCY FUTURES REPORT
Sentiment for euro and pound is down. Sustained rise in crude oil prices globally will limit gains for the rupee against the US dollar. European central bank meeting and FOMC minutes can have a trend changing effect on the direction of the US dollar.
US dollar-Indian Rupee 26th April 2019 future (usd/inr CMP 69.6275):
One Support: 69.4525
One Resistance: 69.80
Japanese Yen/Indian Rupee 27th March 2019 Futures (Jpy/inr CMP 62.6600):
One Support: 62.5850
One Resistance: 62.8000
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Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currency, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani
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NOTES TO THE ABOVE REPORT
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
Indian Standard Time (IST): +5:30 GMT
Current Market Price (CMP)
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