Mtechtips MCX-SX GBPINR INTRADAY trading analysis 17-09-2018
MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 Pound is in HOLD LONG position.Positionally Support for GBPINR is 92.87-92.08-90.78-90.62-90.49-90.29-89.6-. Immediate resistance for GBPINR is 95.38 In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is in profit booking mode so hold with stop at 94.14 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 only if open above 94.909 with a stop at 93.952 or buy above 95.2 Below 93.662 go for sell or sell if open below93.952
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Published on
Sep 17 2018 10:41AM, by
MTECHTIPS in
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