Mtechtips MCX-SX GBPINR INTRADAY trading analysis 14-09-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 14-09-2017
MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 The current position is BUY .Positionally Support for GBPINR is 83.6-83.33-83.16-83.07-83.04-83.03-83-. Immediate resistance for GBPINR is 85.75 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 Rupee Currently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 84.578 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Sell if open below 84.8 or sell below 84.68 with stop loss at 85.39 Buy if open above 85.39 or buy above 85.511 with stop loss at 84.8
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