October 26, 2016

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 04-08-2016
MTECHTIPS Pound traded little changed Wednesday as investors preferred to remain on the sideline ahead of the bank of England’s monetary policy decision Thursday.GBPINR extended its recent recovery and settled at 89.782 with gain of 1.11%. A long bullish candle stick formation on EOD chart is yet indicating for bullishness in GBPINR. Further, crucial support is seen at 89.10 sustain trade below only will expect to test 88.70-88.40.Buy on dip around 89.25-89.35 Target 89.75-89.90. Stop loss below 89.10.


Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.