TRADING CALLS
- Achiievers Equites Ltd
- Aiwin Commodity Borker Pvt Ltd
- Axis Securities
- Choice International Ltd
- Dynamic Levels
- Geojit Financial Services Ltd.
- GEPL Capital
- Green India Commodities
- HDFC Securities
- ICICI Direct
- ICICI Securities
- IIFL Securities
- Jainam Share Consultants Pvt Ltd
- Kedia Commodities
- LKP Securities
- 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
- Sushil finance
- Swastika Investmart Ltd
- Tradebulls Securities (P) Ltd
- Ventura Securities Ltd
Kedia Commodities
Published on 26-04-2024 09:02 am
CURRENCY LEVELS
USDINR - 83.325
Resistance: 83.38-83.44-83.48
Support: 83.28-83.24-83.18
EURINR - 89.3025
Resistance: 89.43-89.56-89.77
Support: 89.09-88.88-88.75
GBPINR - 104.165
Resistance: 104.34-104.52-104.79
Support: 103.89-103.62-103.44
JPYINR - 53.6125
Resistance: 53.7-53.79-53.85
Support: 53.55-53.49-53.4
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 26-04-2024 09:00 am
CURRENCY MARKET UPDATE -
# Rupee settled flat amid dollar demand from importers and bets that US Federal Reserve rate cuts are not imminent.
# Euro gains as stronger than expected PMI data from the bloc
# GBP gains as investors digested solid UK PMI data and assessed the potential impact on monetary policy trajectory.
# JPY dropped as the Bank of Japan kicks off its two-day monetary policy meeting.
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 26-04-2024 08:45 am
# JPYINR trading range for the day is 53.49-53.79.
# JPY dropped as the Bank of Japan kicks off its two-day monetary policy meeting.
# BOJ Governor Ueda said that the central bank may raise interest rates again
# Japan Finance Minister Shunichi Suzuki said he won’t comment on foreign exchange levels.
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 26-04-2024 08:45 am
# GBPINR trading range for the day is 103.62-104.52.
# GBP gains as investors digested solid UK PMI data and assessed the potential impact on monetary policy trajectory.
# The latest survey revealed that British business activity expanded in April by the most since May 2023.
# Public sector net borrowing, in the UK decreased to £11.9 billion in March 2024 compared to £16.6 billion in the corresponding period last year.
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities
Published on 26-04-2024 08:45 am
# EURINR trading range for the day is 88.88-89.56.
# Euro gains as stronger than expected PMI data from the bloc
# BoE Governor Andrew Bailey expects a sharp drop in April’s inflation.
# Bank of England officials suggested the central bank was becoming more confident that UK inflation is subsiding
(Disclaimer: https://bit.ly/2ziDavw)