Kedia Commodities

Published on 8/07/2020 5:11:36 PM

KEDIA: EXIT LONG IN USDINR AT 75.21 AND GBPINR AT 94.27, WE HAVE NO OTHER OPEN CALLS IN CURRENCY INTRADAY SEGMENT.

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Kedia Commodities

Published on 8/07/2020 4:32:48 PM

KEDIA: BTST - STBT: BUY JPYINR  JUL ABV 69.94 SL BELOW 69.60 TGT 70.35-70.50. CMP: 69.94. NSECD

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Kedia Commodities

Published on 8/07/2020 4:32:40 PM

KEDIA: INTRADAY: BUY USDINR ABV 75.22 SL 75.08 TGT 75.38-75.54

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Emkay Global Financial Services Ltd

Published on 8/07/2020 3:36:01 PM

Below is the Quote on Rupee by Mr. Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services

"The USD/INR spot has been respecting the 75.05 resistance as traders are hopeful about additional government and central bank stimulus from major economies. However, until then in the absence of major economic data, the coronavirus and geopolitical fears will keep risk sentiments under check. The US-China trade tiff is escalating with Trump considering to ban TikTok app as a retribution against China for coronavirus pandemic. If the immediate resistance of 75.05/75.10 breaks then we can see a rally towards 75.50, with crucial support being 74.50."

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Please refer disclaimer at  https://www.emkayglobal.com/disclaimer
SEBI Registration number is INZ000203933

Swastika Investmart Ltd

Published on 8/07/2020 3:17:15 PM

INTRADAY SELL GBPINR AT CMP-94.20, SL-94.51, TGT 93.75

Update Exit positions at CMP-94.10

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 8/07/2020 2:58:30 PM

INTRADAY SELL EURINR AT CMP 84.77, SL-85.01, TGT 84.40

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 8/07/2020 2:58:18 PM

Intraday Sell-GBPUSD at CMP-1.2550, SL-1.2601, TGT-1.2470

Update Book full profit at CMP-1.2530

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

GEPL Capital

Published on 8/07/2020 2:53:31 PM

UPDATE BUY GBPINR SL HIT AT 94.10 CALL GIVEN AT 94.30

SEBI Registration number is INH000000081.
Please refer disclaimer at https://geplcapital.com/term-disclaimer

ICICI Securities

Published on 8/07/2020 2:06:06 PM

INR futures and Outlook

Currency futures on NSE

* Short covering was seen in the last session due to which the rupee weakened by 25 paise. However, we feel it could consolidate in a range in coming days

* The dollar-rupee contract on the NSE was at 75.06 in the last session. The open interest fell almost 4.2% in the last session

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

ICICI Securities

Published on 8/07/2020 2:05:32 PM

Forex and global equities

Spot Currency

* After appreciating for a long time, the rupee tumbled nearly 25 paise and closed at 74.95 levels despite the Dollar index remaining under pressure. We continue to feel the US$INR pair could remain in a range for a couple of sessions

* The Dollar index continued to remain under pressure below 97 levels as questions on the effect of pandemic on the US economy rises. JOLTs Job Openings, IBD/TIPP index and API report could be the trigger for the index

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