20 April, 2014 11:14 IST
News
Utilise highs in USD/INR Nov contract to sell below 55.52: ICICIdirect
Source: IRIS (19-NOV-12)
Comments  |  Post Comment

ICICIdirect expect the US dollar to attract selling pressure on rallies against the INR. "Utilise the highs in the USD/INR November contract to sell below 55.52 with 55.34/55.25 and a stop loss of 55.61," it says.

"In the currency futures market, the most traded dollar-rupee November contract on the NSE closed at 55.40. The December contract open interest was up 13.6% from the previous day," it notes.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.


Live News
Rockwell Collins Q2 profit drops, misses forecast - 18-Apr-2014 18:39
Honeywell first quarter earnings climb - 18-Apr-2014 18:33
Reliance reports marginal increase in Q4 profit - 18-Apr-2014 18:17
Syntel first quarter profit beats forecast - 18-Apr-2014 18:06
DSP BlackRock Mutual Fund: What's in, what's out in March - 18-Apr-2014 16:37
CARE assigns ' BBB (SO)' to Jet Airways - 18-Apr-2014 16:17
CARE reaffirms 'BBB+ (Is)' to Ashiana Housing - 18-Apr-2014 16:10
CARE reaffirms 'AA+' to M&M - 18-Apr-2014 16:05
Chakan plant workers stoppage work is not strike: Bajaj Auto - 18-Apr-2014 15:57
US stock futures signal higher Wall Street open - 18-Apr-2014 15:52
ICICI Prudential AMC launches dividend yield equity fund - 18-Apr-2014 15:52
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   854twc into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer