Sunday, December 28, 2008

GBP Trade

Buy GBP here or on dips (It might dip upto 1.36 also so decide your buy level accordingly) for a profit target of 1.75 in coming months.


Reference Link: Take Profit

Rupee Forecast

Our target on Rupee got hit (49.10) high was 49.18

Tuesday, December 23, 2008

Rupee Forecast


As per my technical view Rupee is now heading for 49.10 after touching 46.80 level and if it succeeds in closing above that level on monthly charts then might test new high of 52 also.

Wednesday, November 26, 2008

GBP Technical View


GBP currently trading at 1.5305. On long term monthly charts it is still holding trendline support, if it succeeds in closing ablove this line on monthly chart then there will be very good upside initially upto 1.70 - 1.71 otherwise there will be downside upto 1.33 - 1.34, my recommendation is to buy here and wait for a monthly close for a clearer trend and take profit around 1.70

Euro Technical View


Currently euro is trading at 1.2960 but on weekly charts, parabolic SAR and stochastics are clearly indicating up move. My recommendation is to buy euro here and on dips for a profit target of 1.3600 - 1.3700

Followers

Followers from Facebook

मेरी पहेलियां...