Mtechtips MCX-SX GBPINR INTRADAY trading analysis 04-09-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 04-09-2017
MTECHTIPS:- Pound is strengthening against Indian Rupee in long- short- 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 on BUY Signal and GBPINR is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the GBPINR if it close above84 or buy with strict stop at 81.6. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is on BUY Signal and GBPINR is recovering from oversold level For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 82.76-82.52-82.32-.Resistance for the GBPINR is 83.67-83.72-83.73-83.75-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 RupeeCurrently GBPINR is in HOLD LONG position GBPINR is moving sideways so short term investor better to buy if close above 83.365 closing below 82.3 Sell will happen. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 83.587 with a stop at 82.774 Below 82.614 go for sell and put stop at 83.427
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