Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-01-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-01-2017
MTECHTIPS Gbp inr future hit both 84.6 and 86.15 targets
Pound rupee future this week closed with gain at 85.67. Pound has achieved my given recovery target of 84.6 and then bullish breakout target of 86.15. Trend and momentum strong bullish and next week trading strategy should be buy on dips. Above 86.2, gbp inr future next target will be 88.5.
From long term view, pound is recovery phase and heading towards 88.5 resistance zone.
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