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Mtechtips MCX-SX GBPINR intraday trading analysis 23-02-2015

Sunday, February 22, 2015 23:02
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 Mtechtips MCX-SX GBPINR intraday trading analysis 23-02-2015

 

Mtechtips Mcx-Sx Pound Rupee Future Last Closed At 95.6 With Loss. On Daily Chart, Pound Has Given Reversal From Its 3-Month Average Level, Which Was Very Bearish Signal, And Sells Trade For Pound Against Rupee. For Next Week, 95.1 Is Major Support And Traders Below It Expect Sharp Fall In Pound Up To 93 To 90 Rupees. Above It, Momentum May Continue To Hold In Bulls Favor With Short To Medium Term View. For Very Short-Term Traders Top Of 96.3 Is Stop Loss For Short Positions.

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