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Mtechtips MCX-SX GBPINR INTRADAY trading
analysis 20-11-2018
MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in
strong downtrend and the trend is supported with good volume The open interest
is not increasing with trend . 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 91.44-.Resistance
for the GBPINR is 93.01-93.72-94.23-94.47-95.38- 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 GBPINR is moving sideways so short
term investor better to buy only above 94.1075 or hold with stop at 91.915 The
GBPINR is now trading in highly oversold level. The EURINR is now trading in
oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is
advised above 92.585 with a stop at 91.926 Below 91.826 go for sell
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