13

PIVOT TABLE

CURRENCIES

S1

S2

S3

R1

R2

R3

USDINR

61.6000

61.5000

61.4000

61.8000

61.9000

62.0000

EURINR

77.6000

77.5000

77.4000

77.9000

78.0000

78.1000

GBPINR

98.9500

98.8500

98.7000

99.2000

99.3000

99.4000

JPYINR

56.7500

56.6500

56.5500

57.0000

57.1000

57.2000

TECHNICAL VIEW

                                                                                     USDINR

USDINR on daily charts could not hold near the level of 62.0000 and strongly rebounded towards the lower sloping trend line. Selling pressure may be further seen if it sustains below 61.6500

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