GBP INR future weekly : expect recovery up to 96.7

gbp inr future weekly technical analysis for 7 to 11 march 2016

gbp inr future weekly technical analysis for 7 to 11 march 2016

Gbp inr future this week closed with loss. This was third losing week for pound against rupee. In these 3 weeks gbp lost almost 5 rupee. From top of 99.5 to 94.5.   For next week, expect gbp inr future to recover. On upside 96.7 is first target zone for this recovery rally. Above 96.7 trend will change to bull side and in that scenario targets will extends to 98.2 and then possibly 101.   On downside, 93.8 is major support and best buy zone from medium to long term view. If gbp inr future give monthly closing above 98.5 then long term trend will change to bull side.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.