Nirmal Bang has come out with its report on USDINR, EURINR, GBPINR and JPYINR.
USD/INR can rise upto 49.05 but selling on rise is recommended for the day. It has an intraday support at 48.70 and resistance at 49.20. Expected intraday range is 48.75-49.05.
EUR/INR can rise upto 64.20 but selling on rise is recommended for the day. It has a good support at 63.70 and resistance is at 64.40. Expected intraday range is 63.80-64.20.
GBP/INR can rise upto 77.35 where an intraday short position can be initiated. A good intraday support is at 76.80 and resistance at 77.50. Expected intraday range is 76.90-77.35.
JPY/INR can give a rise upto 63.95 where an intraday short position can be initiated. A good intraday support is at 63.40 and resistance at 64.10. Expected intraday range is 63.50 - 63.95.
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