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GBP/INR DAILY CANDLESTICK CHART
S2 – 103.1708
S1 – 103.4117
PIVOT – 103.8008
R1 – 104.0417
R2 – 104.4308
GBP/INR (NSE/MCX-SX) has closed @ 103.6525. If GBP/INR breaks the level of @ 103.54 then it can touch the level of @ 103.40 and @ 103.25 respectively.
NEAR TERM OUTLOOK FOR YEN:
GBP / INR Feb. futures contract (NSE) View : Bearish on GBP
Sell below 103.54 Market Lot : GBP 1000
Target : 103.40 / 103.25 Stop Loss : 103.85
Support: S1/ S2 : 85.1392 / 84.7883 Resistance : R1/R2 : 85.6817 / 85.8733
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