TRADING CALLS
- Achiievers Equites Ltd
- Aiwin Commodity Borker Pvt Ltd
- Arihant Capital Markets Ltd
- Axis Securities
- Chirag Singhvi
- Choice International Ltd
- Dynamic Levels
- Geojit Financial Services Ltd.
- GEPL Capital
- Green India Commodities
- HDFC Securities
- Hem Securities Ltd
- ICICI Direct
- ICICI Securities
- IIFL Securities
- InvestmentGuruIndia.com
- Jainam Share Consultants Pvt Ltd
- Karvy Currency Derivatives
- Kedia Commodities
- LKP Securities
- Maitra Commodities Pvt. Ltd.
- Mansukh Securities & Finance Ltd
- Monarch Networth Capital Limited
- Motilal Oswal Financial Services Ltd
- Nirmal Bang Securities Pvt Ltd
- Reliance Securities
- Religare Broking Limited
- Sky commodities Pvt Ltd
- SPA Securities Ltd
- Sushil finance
- Swastika Investmart Ltd
- Tradebulls Securities (P) Ltd
- Ventura Securities Ltd
Kedia Commodities
Published on 12-09-2024 09:17 am
# JPYINR trading range for the day is 58.41-60.23.
# JPY gains following hawkish statements from a Bank of Japan policy maker.
# BOJ’s Nakagawa said that the central bank will continue raising interest rates if the economy and inflation moves in line with its forecasts.
# The Reuters Tankan sentiment index for manufacturers in Japan fell to +4 in September 2024 from +10 in August
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 12-09-2024 09:17 am
# GBPINR trading range for the day is 109.68-110.2.
# GBP remained in range as traders digest fresh economic data and monetary policy prospects.
# The British economy stalled once again in July 2024, mirroring June's performance, and below forecasts of a 0.2% increase.
# Manufacturing production in the UK fell 1% month-over-month in July 2024
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 12-09-2024 09:16 am
#EURINR trading range for the day is 92.71-92.99.
# Euro remained in range with investors on hold before ECB policy meeting which could provide clues about the rate outlook.
# Investor morale in the euro zone fell for a third consecutive month in September
# Money markets priced in around 60 bps of ECB rate cuts in 2024, implying two ECB moves and a 40% chance of a third cut.
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 12-09-2024 09:16 am
# USDINR trading range for the day is 83.97-84.07.
# Rupee settled flat ahead of a closely watched U.S. consumer inflation print that is expected to influence expectations on Fed interest rate cuts.
# The annual inflation rate in the US slowed for a fifth consecutive month to 2.5% in August 2024, the lowest since February 2021
# India's robust growth prospects and consumption demand are unhurt
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 12-09-2024 08:59 am
CURRENCY LEVELS
USDINR - 84.0375
Resistance: 84.05-84.07-84.1
Support: 84-83.97-83.95
EURINR - 92.8525
Resistance: 92.93-92.99-93.07
Support: 92.79-92.71-92.65
GBPINR - 109.905
Resistance: 110.05-110.2-110.31
Support: 109.79-109.68-109.53
JPYINR - 59.3425
Resistance: 59.79-60.23-60.7
Support: 58.88-58.41-57.97
(Disclaimer: https://bit.ly/2ziDavw)