Mtechtips MCX-SX GBPINR INTRADAY trading analysis 17-12-2018
Mtechtips MCX-SX GBPINR INTRADAY trading analysis 17-12-2018
MTECHTIPS:- Pound is weakening 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 above91.63 or buy with strict stop at 88.93. 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 90.23-90.06-.Resistance for the GBPINR is 91.89-92.25-92.99-93.92-94.09- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Dollar- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is in down trend so buy above 90.839 The sell will again come if below 90.2475 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is on BUY Signal and GBPINR is recovering from oversold level Intraday Trend- Buy is advised above 91.192 with a stop at 90.389 Below 90.239 go for sell
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