Mtechtips MCX-SX GBPINR INTRADAY trading analysis 22-10-2018
MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- term .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 on SELL signal and GBPINR is coming down from overbought level For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 92.95-92.06-91.55-90.68-.Resistance for the GBPINR is 96.44-97.05-97.6- 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 96.82 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 96.483 with a stop at 95.239 Below 94.95 go for sell
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Published on
Oct 22 2018 10:38AM, by
MTECHTIPS in
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