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PIVOT TABLE

CURRENCIES

S1

S2

S3

R1

R2

R3

USDINR

62.2000

62.1000

62.0000

62.4000

62.5000

62.6000

EURINR

71.0000

70.9000

70.8000

71.3000

71.4000

71.5000

GBPINR

95.8000

95.7000

95.6000

96.1000

96.2000

96.3000

JPYINR

52.3000

52.2000

52.1000

52.5000

52.6000

52.7000

TECHNICAL VIEW


GBPINR

GBPINR on daily charts after bullish movement in last session sustained on higher side and up move can be seen above the level of 96.0000.

– News Update: Indian markets are expected to trade positive today; Nifty is likely to gain around 80 to 90 points in coming few sessions. Global markets traded positive yesterday. Mahindra and Mahindra, State Bank of India, HPCL and Indian Oil Corporation declare their Q3 December 2014 result today, 13 February 2015. Cipla posted good result. Tata Steel bought few firms in Norway and Sweden. Coal India and BHEL posted weak results. Gold is liekly to move slightly down on the back of strengthening INR and slightly negative trend seems to be setting in COMEX Gold. Crude shockingly went up; uptrend in oil is still weak; Crude will set its long term trend after few trading sessions. As of now the range in COMEX Crude is USD 49.5 – USD 52.7.

– Pharma companies are expected to trade in upper range today.

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