Support for INR at 55.00 against USD: Nirmal Bang
Find out the trading strategies and important technical levels for widely traded currency pairs.
USD/INR
USD/INR can give a rise upto 55.40 but selling on rise is recommended for the day. It has an intraday support at 55.00 and resistance is at 55.60. Expected intraday range is 55.00 – 55.40.
EUR/USD
EUR/USD can give a dip upto 1.2250 but buying on dips is recommended for intraday trading. It has an intraday support at 1.2180 and resistance at 1.2400. Expected intraday range is 1.2250 - 1.2400.
GBP/USD
GBP/USD can give a rise upto 1.5760 but overall selling on rise is recommended for the day. It has a good support at 1.5600 and resistance at 1.5830. Expected intraday range is 1.5600 - 1.5760.
USD/JPY
USD/JPY can give a dip upto 78.20 but overall buying on dips is recommended for the day. A good intraday support is at 77.50 and resistance at 79.50. Expected intraday range is 78.20 – 79.50.
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| Company | Price | Gain (%) |
|---|---|---|
| Bharti Airtel | 299.70 | 2.83 |
| Hindalco Inds. | 104.20 | 2.66 |
| Sterlite Inds. | 85.25 | 2.65 |
| Jindal Steel | 245.80 | 2.52 |
| Tata Steel | 290.55 | 2.05 |

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