Mtechtips MCX-SX GBPINR INTRADAY trading analysis 08-06-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 08-06-2017
MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- term .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 SELL signal .In last 1 month volatality is very less Buy the GBPINR above 85.02 or buy with strict stop at 82.44. 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 SELL position.Positionally Support for GBPINR is 82.59-82.3-82.17-.Resistance for the GBPINR is 83.64-83.79-83.93-84.47-
In medium term Pound is relatively strengthening against Euro-
Short term and Intraday Level of Pound with Rupee

Currently GBPINR is in HOLD SHORT position GBPINR is moving sideways so short term investor better to buy only above 83.56 or hold with stop at 83.045 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 83.577 with a stop at 83.034 Below 82.964 go for sellWWW.MTECHTIPS.COM
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