Mtechtips MCX-SX GBPINR INTRADAY trading analysis 08-03-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 08-03-2018

MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- term .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 Buy the GBPINR above 91.82 or buy with strict stop at 88.59. 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 88.37-87.56-87.03-85.36-.Resistance for the GBPINR is 90.63-90.64-90.84- In medium term Pound is relatively strengthening against Euro- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is in down trend so buy above 90.416 The sell will again come if below 89.1 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 90.551 with a stop at 89.96 Below 89.89 go for sell

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