Mtechtips MCX-SX GBPINR INTRADAY trading analysis 06-04-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 06-04-2017
MTECHTIPS:- 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 Support for GBPINR is 80.91-.Resistance for the GBPINR is 81.86-81.92-83.26-83.57-84.01-86.25-
In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Yen-
Short term and Intraday Level of Pound with Rupee
Currently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 81.148 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 81.793 with a stop at 80.988 Below 80.828 go for sell with a stop at 81.633
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