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07-05-2022 10:09 AM | Source: GEPL Capital
Buy GBPINR above 96.25 TGT 1 96.80 SL 95.52 - GEPL Capital
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Chart for the day

GBPINR (Daily) - 95.81

Observation

* Prices of GBPINR is moving in broader range of 96.80—95.42, Prices have given a breakout from 39EMA which was a variable resistance for the prices on hourly chart.

* On Hourly chart we can spot bounce back from the prices from a crucial support around 95.5 level.

* RSI is Rising and above 50,currently at 56.7, indicating bullish momentum and also have given a breakout.

 

Inference

* Buy above 96.25 TGT 1 96.80 SL 95.52

 

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