Mtechtips MCX-SX GBPINR INTRADAY trading analysis 09-06-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 09-06-2017
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 and fresh Buy can be considered in the GBPINR if it close above84.78 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 HOLD LONG position.Positionally Support for GBPINR is 82.93-82.58-82.33-82.16-.Resistance for the GBPINR is 83.8-83.85-84.45-
In medium term Pound is relatively strengthening against Euro-
Short term and Intraday Level of Pound with Rupee
Currently GBPINR is in HOLD LONG position GBPINR is moving sideways so short term investor better to buy only above 83.7 with stop at 83.045 The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level
Intraday Trend- Buy is advised above 83.817 with a stop at 83.123 Below 83.004 go for sell
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