Mtechtips MCX-SX GBPINR INTRADAY trading analysis 03-01-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 03-01-2017
MTECHTIPS Pound is weakening against Indian Rupee .Currently Pound is moving sideways The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the GBPINR above 87.79 or buy with strict stop at 82.8. 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 SELL position.Positionally Support for GBPINR is 83.43-.Resistance for the GBPINR is 84.47-84.59-84.87-85.27-85.81-90.37-
In medium term Pound is relatively strengthening against Dollar- In long term Pound is relatively strengthening against Dollar-
Short term and Intraday Level of Pound with Rupee
Currently GBPINR is in HOLD LONG position GBPINR is moving sideways with low volatality so short term investor better to buy if close above 84.295 close below 83.23 sell will happen. The oscillator is showing BUY signal
Intraday Trend-Intraday better to buy above 84.669 and Sell if below83.573
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