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Mtechtips MCX-SX GBPINR intraday trading analysis 09-03-2015

Sunday, March 8, 2015 22:39
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Mtechtips MCX-SX GBPINR intraday trading analysis 09-03-2015

Mtechtips Mcx-Sx Pound Rupee Future On Last Trading Session Closed At 95.25 With Loss. On Daily Chart, 95.25 Is Monthly Pivot Point Level. Pound Is Trading At Major Support Level, If Now Slips Below It On Daily Closing Basis Then 93.6 And 92.5 Are Strong Support Zones As Well As Target Levels On Trend Change. Above 95.25  Level, Outlook For Pair Will Remain Bullish. On Upside, 97.55 And Then 99.1 Are Strong Resistances As Well As Target Zones. Daily Chart Price And Indicators Pattern Are Bearish And Suggesting Downside For Pair.

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