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CURRENCY TECHNICAL OUTLOOK

* The USD/INR futures pair has support at 76.10 levels whereas resistance is placed at 76.60 levels. The pair is expected to trade range bound until either side level is breached.

* The EUR/INR futures pair has support at 85.80 levels whereas resistance is placed at 86.20 levels. The pair is expected to trade firm above 86.20 levels up to 86.40 and 86.60 levels.

* The GBP/INR futures pair has support at 101.00 levels whereas resistance is placed at 101.60 levels. The pair is expected to trade firm above 101.60 levels up to 101.80 and 102.00 levels.

* The JPY/INR future pair has support at 66.90 levels whereas resistance is placed at 67.20 levels. The pair is expected to trade weak below 66.90 levels up to 66.70 and 66.50 levels.

Strategy: Intraday

* EURINR pair traded with positive bias and managed to sustain above upward trend line in the last trading session

* The pair is likely to trade with positive bias and any pullback near immediate support of 85.80 level should be taken as buying opportunity targeting 86.20 – 86.40 levels on higher side

* For Intraday session, it has support at 85.80 – 85.60 levels whereas resistance is placed at 86.20 – 86.40 levels

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