Emkay Global Financial Services Ltd

Published on 10/07/2020 4:52:02 PM

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

"After depreciating for last two-week, this week we saw a rise in USD/INR spot. The spot respected the crucial support of 74.50 and bounced towards 75.30 zone mainly on coronavirus concerns and RBI intervention. Also, the fear that renewed lockdown may derail economic recovery all over the world, led traders seek shelter of gold, which is a safe-haven asset. The MCX Gold hit al time high of 49348, however some profit-booking is seen. Going ahead, we expect the caution surrounding the impact and duration of virus may keep all riskier assets on an edge, including rupee. We see USD/INR trading in between 74.75-75.75. Only heavy inflows may cap the upside in USDINR spot. While, in gold the recent high of 49348 will act as a crucial resistance, unless the level is broken, we may see some fall in gold prices until 47500. However, if prices continue to trade above 49500 then only we can expect a rally towards 50000."

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Kedia Commodities

Published on 10/07/2020 4:39:39 PM

KEDIA: INTRADAY: ONCE EXIT LONG IN EURINR AT 85.13. BOOK PROFIT RS. 20.00. NSECD

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Kedia Commodities

Published on 10/07/2020 4:39:30 PM

KEDIA: INTRADAY: ONCE EXIT LONG IN USDINR AT 75.37. BOOK LOSS RS. 20.00. NSECD

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Swastika Investmart Ltd

Published on 10/07/2020 4:38:08 PM

Update-exit Positions in GBPINR and GBPUSD. AND CARYY positions in Usdinr Sell and EURUSD Buy

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SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 10/07/2020 3:15:58 PM

Buy GBPINR at CMP-95.00, SL-94.65, TGT-95.50

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SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 10/07/2020 3:15:48 PM

Buy GBPUSD at CMP-1.2598, Sl-1.2565, TGT-1.2650

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SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 10/07/2020 3:15:30 PM

Buy EURUSD AT CMP-1.1289, SL-1.1255, TGT-1.1350

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SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Kedia Commodities

Published on 10/07/2020 3:14:20 PM

KEDIA: INTRADAY: BUY USDINR  JUL ABV 75.39 SL BELOW 75.25 TGT 75.55-75.66. CMP: 75.39. NSECD

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Kedia Commodities

Published on 10/07/2020 3:13:44 PM

KEDIA: INTRADAY: BUY EURINR  JUL ABV 85.11 SL BELOW 84.80 TGT 85.40-85.60. CMP: 85.11. NSECD

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Kedia Commodities

Published on 10/07/2020 3:13:34 PM

KEDIA: INTRADAY: ONCE BOOK AND EXIT SHORT IN USDINR AT 75.32, PROFIT RS 100.

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