Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-07-2018 MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Pound is in strong uptrend but volume is unsatisfactory 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 90.78-90.75-90.46-90.39-90.26-88.66-.Resistance for the GBPINR is 91.76- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Dollar- Yen- 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 91.452 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 is advised above 91.843 with a stop at 91.028 Below 90.878 go for sell with stop at 91.693 WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 12 2018 10:57AM, by MTECHTIPS in Currency| Share This