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USDINR has intraday resistance at 53.45: Nirmal Bang

Nirmal Bang has come out with its report on currency. According to the research firm, USDINR has intraday support at 52.85 and resistance is at 53.45. Expected intraday range is 52.85-53.25.

February 07, 2013 / 11:35 IST

Nirmal Bang has come out with its report on currency. According to the research firm, USDINR has intraday support at 52.85 and resistance is at 53.45. Expected intraday range is 52.85-53.25.

USDINR can give a rise upto 53.25 but can be sold on rise for the day. It has a good intraday support at 52.85 and resistance is at 53.45. Expected intraday range is 52.85-53.25.

EURUSD can even give a dip upto 1.3485 but can be bought on dips for intraday trading. It has a good intraday support 1.3430 & resistance at 1.3585. Expected intraday range is 1.3485-1.3585.

GBPUSD can even give a dip upto 1.5635 but can be bought on dips for intraday trading. It has an intraday support at 1.5585 and resistance at 1.5735. Expected intraday range is 1.5635-1.5735.

USDJPY can give a dip upto 93.20 but can be bought on dips for the day. It has a good intraday support at 92.70 & resistance is at 94.20. Expected intraday range is 93.20-94.20.

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To read the full report click on the attachment

first published: Feb 7, 2013 11:35 am

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