Wednesday, December 3, 2014

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 4.Dec.2014


USDINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 62.17 / 62.10 / 62.05 . And the upperside, it has Strong Resistance @ 62.22 upperside, it may test Resistance Levels such as 62.28 / 62.33 / 62.40 . Currently USDINR is Trading @ 62.23

EURINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.57 / 76.37 / 76.10 . And the upperside, it has Strong Resistance @ 76.85 upperside, it may test Resistance Levels such as 77.05 / 77.32 / 77.52 . Currently EURINR is Trading @ 76.77

GBPINR ( 29-Dec-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 97.52 / 97.61 / 97.77 . And the lower side , it has Strong Support @ 97.36 downside, it may tank to near support Levels such as 97.27 / 97.11 / 97.02 . Currently GBPINR is Trading @ 97.43


JPYINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 52.07 / 51.99 / 51.88 . And the upperside, it has Strong Resistance @ 52.18 upperside, it may test Resistance Levels such as 52.25 / 52.36 / 52.44 . Currently JPYINR is Trading @ 52.15