Buy USDINR on dips; Support at 56.05: Nirmal Bang

USD/INR can give a dip upto 56.25 but buying on dips is recommended for the day. It has an intraday support at 56.05 and resistance is at 56.65. Expected intraday range is 56.25 56.65.

EUR/USD can give a dip upto 1.2630 but overall buying on dips is recommended for the day. It has an intraday support at 1.2570 and resistance at 1.2750. Expected intraday range is 1.2630 - 1.2750.

GBP/USD can give a rise upto 1.5730 but overall selling on rise is recommended for the day. It has a good support at 1.5600 and resistance at 1.5800. Expected intraday range is 1.5600 - 1.5730.

USD/JPY can give a rise upto 79.80 but overall selling on rise is recommended for the day. A good intraday support is at 78.50 and resistance at 80.40. Expected intraday range is 78.60 79.80.

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