Mtechtips MCX-SX GBPINR INTRADAY trading analysis 28-09-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 28-09-2017
MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend but volume is unsatisfactory 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 SELL signal For short term Pound is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for GBPINR is 86.92-86.05-84.66-84.03-83.57-83.46-83.17-. Immediate resistance for GBPINR is 88.93 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 87.919 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is on SELL signal and GBPINR is coming down from overbought level Intraday Trend- Buy is advised above 89.168 with a stop at 88.193 Below 87.994 go for sell with a stop at 88.968
WWW.MTECHTIPS.COM
07489294118-119