Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-06-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-06-2017
MTECHTIPS:- The Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Pound is in downtrend with good momentum 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 BUY signal For short term Pound is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for GBPINR is 82.63-82.45-82.38-82.06-82.01-81.94-.Resistance for the GBPINR is 84.07-In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Short term and Intraday Level of Pound with Rupee GBPINR closed above 1 week high with volume signals up breakoutCurrently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 82.347 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 83.928 with a stop at 82.784 Below 82.515 go for sell with a stop at 83.657
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