Mtechtips MCX-SX GBPINR INTRADAY trading analysis 21-02-2018 MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .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 but has moved past its recent high with good volume points to a positive break out . 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 and closed above 1 week high with volume signals up breakout.Positionally Support for GBPINR is 89.76-89.53-89.17-87.53-86.91-86.73-85-. Immediate resistance for GBPINR is 91.19 Short term and Intraday Level of Pound with Rupee GBPINR closed above 1 week high with volume signals up breakoutCurrently GBPINR is in HOLD LONG position GBPINR has crossed the high so for short term better buy above 91.042 with stop at 88.95 The oscillator is showing BUY signal Intraday Trend- Buy above 91.042 and keep stop below 90.299 Target is 91.232 next 91.543 Below 90.109 trend reversal can occur and next level is 89.8 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 21 2018 10:47AM, by MTECHTIPS in Currency| Share This