Mtechtips MCX-SX GBPINR INTRADAY trading analysis 22-09-2017 MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for GBPINR is 85.62-84.81-83.8-83.67-83.32-83.27-83.12-. Immediate resistance for GBPINR is 87.91In medium term Pound is relatively strengthening against Euro- In long term Pound is relatively strengthening against Euro- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 86.874 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy if open above 87.725 with a stop at 87.076 or buy above 87.875 Below 86.926 go for sell or sell if open below87.076 WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 22 2017 11:59AM, by MTECHTIPS in Currency| Share This