Friday, 21 September 2012

Pivot levels for currency traders for 21st September


Pivot levels for currencies for trading on 21st September


EURINR-I
GBPINR-I
JPYINR-I
USDINR-I
R3
71.2467
88.4942
70.0167
54.6467
Mid R3
71.1325
88.4138
69.9275
54.5950
R2
71.0183
88.3333
69.8383
54.5433
Mid R2
70.8500
88.2375
69.7375
54.4925
R1
70.6817
88.1417
69.6367
54.4417
Mid R1
70.5675
88.0613
69.5475
54.3900
Pivot
70.4533
87.9808
69.4583
54.3383
Mid S1
70.2850
87.8850
69.3575
54.2875
S1
70.1167
87.7892
69.2567
54.2367
MID S2
70.0025
87.7088
69.1675
54.1850
S2
69.8883
87.6283
69.0783
54.1333
Mid S3
69.7200
87.5325
68.9775
54.0825
S3
69.5517
87.4367
68.8767
54.0317

Special attention on US$ as it can recover to gain some strength. Almost all the currencies could stage a recovery from its lows of few days back. The above pivot levels should be born in mind for day trading. Today’s Nifty also might play its role. Therefore it is advisable to track Nifty and trade comparatively.

Happy trading!!

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