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Sept USDINR prices have intraday support at 61.10: Emkay
Source: IRIS | 19 Sep, 2014, 09.49AM
Rating: NAN / 5 stars.
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''SPOT USDINR prices could not sustain above 61.20 and again faced selling pressure. Today prices are expected to have resistance at 60.87-60.90 and prices can remain under pressure. Prices on lower side can slide to 60.65-60.70 level. Prices should not move above 61.00 to remain negative for the day,'' said Emkay Global Financial Services.

''September USDINR prices are expected to have intraday resistance at 61.10 and prices can remain under pressure. On lower side prices if sustain below 60.85 then only fresh selling can be seen. Prices should not move above 61.30 to remain weak for the day.''

''EURINR September prices are expected to have resistance at 78.80 and if prices sustain above this level then only upside towards 79.10 can be seen else prices can trade sideways to lower. On lower side prices have support at 78.40,'' it opined.

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