Mtechtips MCX-SX GBPINR INTRADAY trading analysis 05-01-2018

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 05-01-2018
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 BUY signal and has moved down its previous low. 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 85.73-85.24-83.87-.Resistance for the GBPINR is 86.51-86.56-86.66-86.69- 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 85.97 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 86.623 with a stop at 85.828 Below 85.678 go for sell
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