Mtechtips MCX-SX GBPINR INTRADAY trading analysis 04-01-2018

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 04-01-2018
MTECHTIPS:- The Pound is Strongly strengthening against Indian Rupee .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 above87.03 or buy with strict stop at 85.24. 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 85.99-85.95-85.85-85.82-85.72-85.21-83.85-. Immediate resistance for GBPINR is 87.03 Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is moving sideways so short term investor better to buy only above 86.68 or hold with stop at 86.295 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 86.853 with a stop at 86.247 Below 86.167 go for sell
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