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Dec 03, 2012, 09.44 AM IST

USDINR has intraday support at 54.15: Nirmal Bang

Nirmal Bang has come out with its technical report on USDINR, EURINR, GBPUSD and USDJPY. According to the research firm, USDINR has intraday support at 54.15 and resistance is at 54.68. Expected intraday range is 54.15–54.50. One can sell USDINR on rise.

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Nirmal Bang has come out with its technical report on USDINR, EURINR, GBPUSD and USDJPY. According to the research firm, USDINR has intraday support at 54.15 and resistance is at 54.68. Expected intraday range is 54.1554.50. One can sell USDINR on rise.


USDINR can give a rise upto 54.50 but can be sold on rise for the day. It has a good intraday support at 54.15 and resistance is at 54.68. Expected intraday range is 54.1554.50.


EURUSD can give a rise upto 1.3060 but selling on rise is recommended for the day. It has an intraday support at 1.2960 and resistance is at 1.3110. Expected intraday range is 1.2960-1.3060.


GBPUSD can give a rise upto 1.6060 but can be sold on rise for the day. It has an intraday support at 1.5960 and resistance at 1.6110. Expected intraday range is 1.5960-1.6060.


USDJPY may give a rise upto 82.65 but selling on rise is recommended for intraday trading. It has an intraday support at 81.90 & resistance is at 83.05. Expected intraday range is 81.90-82.65.


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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