Mtechtips MCX-SX JPYINR INTRADAY trading analysis 06-05-2016
MTECHTIPS:- NSE jpy inr future on 5th may 2016 closed at 62.27 with loss. Yen is correcting towards support before next major move. May series tgts are at 63.35 and 64.5. For tomorrow 6th may 2016, yen rupee future intraday support zones are 62.05 and 61.8. On upside intraday resistances are at 62.6 and 63 rupees.For May series, above 61.2 keep buy on major dips strategy with tgts 63.35 and 64.5.