Mtechtips MCX-SX GBPINR INTRADAY trading analysis 26-07-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 26-07-2017
MTECHTIPS:- The Pound is Strongly strengthening 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 SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the GBPINR if it close above84.87 or buy with strict stop at 82.59. 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 83.42-83.11-83.01-82.98-82.66-82.31-. Immediate resistance for GBPINR is 84.87In medium term Pound is relatively strengthening against Euro- In long 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 84.05 with stop at 83.4675 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 84.188 with a stop at 83.732 Below 83.692 go for sell
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