Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-10-2018
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 SELL signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 96.3-95.59-92.84-91.99-91.51-90.64-.Resistance for the GBPINR is 97.63- 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 The GBPINR is in downtrend For short term buy only if close above 97.306 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 97.294 with a stop at 96.327 Below 96.137 go for sell
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Published on
Oct 19 2018 10:53AM, by
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