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Buy USDINR on dips for intraday trading: Nirmal Bang

Nirmal Bang has come out with its report on currencies. According to the research firm one can buy USDINR pair on dips upto 61.90 for intraday trading.

February 25, 2014 / 12:10 IST
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Nirmal Bang's report on currencies

USDINR can trade with a positive bias during the day. Buying on dips upto 61.90 is recommended for intraday trading. Expected intraday range is 61.90 - 62.30.

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EURUSD can trade with a positive bias during the day. Buying on dips upto 1.3715 is recommended for intraday trading. Expected intraday range is 1.3715 - 1.3800.

GBPUSD can trade with a negative bias for the day. Selling on rise upto 1.6680 is recommended for intraday trading. Expected intraday range is 1.6600 - 1.6680.