Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-10-2017 MTECHTIPS:- The Pound is strengthening against Indian Rupee in long- medium- term .Currently Pound is moving sideways The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the GBPINR above 88.93 or buy with strict stop at 85.23. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal For short term Pound is in SELL position.Positionally Support for GBPINR is 84.64-84.32-83.85-83.24-.Resistance for the GBPINR is 86.51-87.06-87.11- In long term Pound is relatively strengthening against Euro- Short term and Intraday Level of Pound with Rupee GBPINR is moving sideways so short term investor better to buy only if close above 86.565 with stop at 85.735 on closing The oscillator is showing BUY signal Intraday Trend- Sell if open below 85.549 with stop loss at 86.162 or sell below 85.419Buy is not advised till it cross 86.292 WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 18 2017 10:39AM, by MTECHTIPS in Currency| Share This