Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-09-2018 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 . 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 SELL signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 93.49-92.79-91.29-90.67-90.66-90.43-89.69-. Immediate resistance for GBPINR is 96.08 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 SHORT position GBPINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 96.322 with stop at 93.9225 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 96.322 with a stop at 95.299 Below 95.079 go for sell and put stop at 96.102 WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 21 2018 10:36AM, by MTECHTIPS in Currency| Share This