Mtechtips MCX-SX GBPINR INTRADAY trading analysis 31-03-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 31-03-2017
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 82.43 or buy with strict stop at 79.44. 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 HOLD SHORT position.Positionally Immediate support for GBPINR is 79.44.Resistance for the GBPINR is 81.55-81.72-82.16-83.36-83.74-84.07-86.49-
In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar-
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 81.513 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 81.573 with a stop at 80.948 Below 80.848 go for sell and put stop at 81.473
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