• Home »
  • »
  • Mtechtips MCX-SX GBPINR INTRADAY trading analysis 01-09-2015

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 01-09-2015

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 01-09-2015
Mtechtips Yen started the week with lack luster move following reports that Chinese government has stopped intervening to prop up its stock market amid Chinese stocks trading in the negative territory.Sell strategy given below 54.74 was not initiated as JPYINR continued to trade above 54.80 levels. Intraday price action resulted in formation of doji candle stick which is indicating for indecisive move in days to come. Near term support is seen at 54.74 and short term correction is expected to come below this level only.Hence, traders may buy around 55.00-54.90 with stop loss below 54.75.
WWW.MTECHTIPS.COM
07489294118-119