Mtechtips MCX-SX GBPINR INTRADAY trading analysis 06-03-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 06-03-2017
MTECHTIPS:- Pound is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower 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 SHORT position.Positionally Immediate support for GBPINR is 81.64.Resistance for the GBPINR is 83.44-83.67-84.18-84.21-84.29-84.67-87.9-
In medium term Pound is relatively strengthening against Yen- In long term Pound is relatively strengthening against Dollar-
Short term and Intraday Level of Pound with Rupee
Currently GBPINR is in HOLD SHORT position GBPINR is in sell mode sell below 81.726 buy only above 83.42 The GBPINR is now trading in highly oversold level. The GBPINR is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 81.726 with stop loss at 82.274 or sell below 81.606Buy is not advised till it cross 82.394
WWW.MTECHTIPS.COM
07489294118-119