Thursday, December 1, 2011
Indian Rupee : support and resistance levels
USDINR Dec: The market is expected to trade weaker today. The immediate support is seen at 51.90 and
below that 51.70. The resistance is seen at 52.15 and then 52.28-30 range.
EURINR Dec: The pair may trade sideways to higher for the session. The support is seen at 69.80 with
resistance at 70.20 levels. Break of the resistance may push the market higher towards 70.45 levels.
GBPINR Dec: The market is expected to trade slightly positive today. The support is seen at 81.35-81.40
levels and one can look for buying on dips towards the level. The resistance is seen at 81.85 and then
Posted by Morgan at 10:38 AM