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ICICI Securities

Published on 16/07/2019 11:29:23 AM

Daily Currency Strategy (July 16):

Buy US$INR in range of 68.53-68.57 Target: 68.80 / 68.90 Stop Loss: 68.38

The dollar-rupee July contract on the NSE was at 68.64 in the previous session. July contract open interest increased 4.29% in the previous session. We expect the US$INR to find support at lower levels. Utilise downsides in the pair to initiate long positions.

Click Here- https://bit.ly/2ZpCwY3

 Please refer disclaimer at https://www.icicisecurities.com/AboutUs/?ReportID=10445

 

ICICI Securities

Published on 15/07/2019 11:13:43 AM

Daily Currency Strategy (July 15):

Buy US$ in the range of 68.60 -68.6 Stop Loss: 68.47 Target: 68.85 / 68.95

The dollar-rupee July contract on the NSE was at 68.77 in the previous session. July contract open interest increased 10.83% in the previous session. We expect the US$INR to find support at lower levels. Utilise downsides in the pair to initiate long positions.

Click Here- https://bit.ly/2ZpCwY3

Please refer disclaimer at https://www.icicisecurities.com/AboutUs/?ReportID=10445