Mtechtips MCX-SX GBPINR INTRADAY trading analysis 03-01-2018

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 03-01-2018
MTECHTIPS:- The Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong downtrend 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 BUY signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 85.97-85.93-85.8-85.77-85.7-85.19-83.82-. Immediate resistance for GBPINR is 87.03 Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is moving sideways so short term investor better to buy only above 86.6 with stop at 86.17 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- Buy is advised above 86.673 with a stop at 86.127 Below 86.058 go for sell
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