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Price levels for self study.
GBPINR correction bet short below low of day's candle and SL as high of candle.
Note: This value does not match that of the futures present on NSE. Use the respective high and low of NSE futures.
Price action has made a higher low and uptrend shall be confirmed with a higher high by breaking above the 95.3.
Enter long with a candle closure above 95.3.
Stop loss: Previous low.
Target: As show in chart.
21:33 Hrs 24th Sep 2018
Pulling My First Idea on GBPINR which was published in Oct 2016. Charts speak much better. Once it starts moving above 105.70 - More on upside
Oct 2016 Published Idea - Good Times Ahead from 79-81 Zone
GBPINR formed INVERTED H&S confirming a SELL in counter at 89.80 with Stop-loss of 90.20 and Target 1 at 88.45 and Target2 @ 87.1690.
Price action has taken support at 91.20 - 91.25 level. Immediate resistance is seen at 91.5. On sustaining this price will move towards 91.65 and 91.8
GBPINR is above Ichimoku Kumo and price action heading above Tenkan/Kijun signifying a BUY ONLY ABOVE 90.60 with Stop-loss of 88 and Target1 at 92.45, Target2@94 and Target3@96.45
Buy GBPINR above 89.5
Classical cup-saucer pattern completed with fresh buyers initiating long positions. Next resistance - 91.5
GBPINR has already broken HNS good to buy near 86.50 - 86.60 zone.....
Stop will come 86.20 and tgt should be higher 2rs. 88.50....
NOT A CERTIFIED SEBI ANALYST. PLEASE TAKE FINANCIAL ADVISOR HELP BEFORE INVESTING.
it may be start of new cycle
GBPINR will crash further to 68 level in next 2 years is my big prediction.
DISCLOSURE: I DO NOT HAVE ANY POSITIONS IN GBP/INR CURRENCY PAIR.
DISCLAIMER: IT IS SIMPLY MY PERSONAL VIEW AND I DO NOT TAKE RESPONSIBILITY OF ANY LOSSES INCURRED(IF ANY) BY ACTING ON ABOVE INFORMATION.
GBP INR open at 84.05, spot 84.06, currently market near support 84.04, as it breaks expected to test 83.096, then 83.74,83.50, resistance for the day 84.48, if market breaks 84.16-18, expected to test 84.50
GBP INR open at 81.42, spot 81.62, if break 81.66-70, expected to test 81.97.98, as we are seeing from last couple of days market not breaking 81.40-42
gbp inr open at 82.10, spot 82.13, if market break resistance at 82.16, then go higher 82.50, and if not break because of triple top , go lower up to 1.78-80, high possibility to go lower
GBP INR open at 82.42, spot 82.54, there is no trade zone 82.50-58, break 82.58 expected to test 82.72, then test 82.92 then 83.10, if not break 82.54-58, then may down up to 82.15-16