Mtechtips MCX-SX GBPINR INTRADAY trading analysis 24-10-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 24-10-2017
MTECHTIPS:- The Pound is strengthening against Indian Rupee in long- medium- 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 SELL signal and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. 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 SELL position.Positionally Support for GBPINR is 84.71-84.36-83.89-83.26-.Resistance for the GBPINR is 86.4-86.78-87.11- In long term Pound is relatively strengthening against Euro- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position The GBPINR is in downtrend For short term buy only if close above 86.101 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 86.092 with a stop at 85.439 Below 85.329 go for sell
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