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

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 06-09-2017
MTECHTIPS:- Pound is strengthening against Indian Rupee in long- short-medium- 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 showing BUY signal .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 showing BUY signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 82.98-82.82-82.51-82.42-.Resistance for the GBPINR is 83.68-83.72-83.81- 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 has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 83.667 with stop at 82.49 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 83.667 with a stop at 83.103 Below 83.024 go for sell and put stop at 83.587
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