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Mtechtips MCX-SX GBPINR INTRADAY trading
analysis 11-12-2018
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 above92.94 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 SHORT position.Positionally
Support for GBPINR is 90.38-89.87-.Resistance for the GBPINR is
92.24-92.57-93.03-93.85-94.49- 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 LONG position GBPINR is moving sideways so short term
investor better to buy only above 91.2625 with stop at 89.7475 The GBPINR is
now trading is approaching overbought level. The GBPINR is now trading is
approaching overbought level. The oscillator is on SELL signal and GBPINR is
coming down from overbought level Intraday Trend- Buy is advised above 91.443
with a stop at 90.519 Below 90.339 go for sell
07489294118-119
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