Sunday, 18 November 2018

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-11-2018


Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-11-2018


MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Pound Noting point is selling at lower levels seems decreasing. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal For short term Pound is in SELL position.Positionally Support for GBPINR is 91.42-.Resistance for the GBPINR is 93-93.68-94.51-94.63-95.38-95.61- In medium term Pound is relatively strengthening against 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 The GBPINR is in downtrend For short term buy only if close above 93.493 The GBPINR is now trading in highly oversold level. The GBPINR is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 92.715 with a stop at 92.016 Below 91.896 go for sell and put stop at 92.595
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