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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-11-2016

Monday, November 28, 2016 23:18
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Mtechtips MCX-SX GBPINR INTRADAY trading analysis

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MTECHTIPS The Pound is weakening
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 BUY signal
For short term The current position is BUY .Positionally Support
for GBPINR is 84.53-84.03-83.94-83.17-.Resistance for the GBPINR is

In long term Pound is relatively strengthening against
Euro- Dollar- Yen-

Short term and Intraday Level of Pound with

Currently GBPINR is in HOLD LONG position GBPINR has
formed new high but the trend looks weak so better buy above 86.292
The oscillator is showing SELL signal

Intraday Trend- Sell only if open below 85.139 with stop
loss at 86.022 or sell below 84.87 Buy is not advised till it cross





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