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Dec 07, 2012, 01.07 PM IST | Source: Moneycontrol.com

Rupee may trade in 53.90-54.30 range today: Nirmal Bang

Nirmal Bang has come out with its report on USDINR, EURUSD, GBPUSD and USDJPY. According to the research firm, USD/INR can give a rise upto 54.30 but can be sold on rise for the day. It has a good intraday support at 53.90 and resistance is at 54.50. Expected intraday range is 53.90 - 54.30.

Nirmal Bang has come out with its report on USDINR, EURUSD, GBPUSD and USDJPY. According to the research firm, USD/INR can give a rise upto 54.30 but can be sold on rise for the day. It has a good intraday support at 53.90 and resistance is at 54.50. Expected intraday range is 53.90 - 54.30.

EUR/USD may give a dip upto 1.2940 but can be bought on dips for the day. It has an intraday support at 1.2880 and resistance is at 1.3050. Expected intraday range is 1.2940 1.3050.

GBP/USD can give a dip upto 1.6025 but can be bought on dips for the day. It has an intraday support at 1.5975 and resistance at 1.6125. Expected intraday range is 1.6025 - 1.6125.

USD/JPY may give a rise upto 82.65 but selling on rise is recommended for intraday trading. It has an intraday support at 81.85 & resistance is at 83.05. Expected intraday range is 81.85 82.65.

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