Buy GBPINR above 96.25 Target 97 SL 95.8625 - GEPL Capital
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Chart for the day
GBPINR (Daily) - 96.16
Observation
* Prices of GBPINR were moving in a clear downtrend while respecting the down trending trend line since February 2022.
* Prices in the latest trading session have given a breakout from trend line with high volumes, which indicates reversal from the current downtrend.
* We witnessed a positive crossover of 12EMA & 26EMA on hourly chart.
* On hourly chart, we can also spot that MACD has also shown positive crossover above zero line indicating the tendency to trend.
Inference
Buy above 96.25 Target 97 SL 95.8625, Strictly on the closing basis.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://geplcapital.com/term-disclaimer
SEBI Registration number is INH000000081.
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
More News
The U.S. dollar slipped lower in early European trade Wednesday - GEPLCapital
