Mtechtips MCX-SX GBPINR INTRADAY trading analysis 13-03-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 13-03-2018

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 SELL signal .In last 1 month volatality is very less Buy the GBPINR above 91.82 or buy with strict stop at 88.74. 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 HOLD SHORT position.Positionally Support for GBPINR is 88.65-87.73-87.16-85.47-.Resistance for the GBPINR is 90.66-90.83-90.87- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is in sideways and sellers was at high so for short term better buy above 90.521 or hold with stop at 90.06 The next resistance will be at 90.61 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 90.521 with a stop at 90.07 Below 90.04 go for sell and put stop at 90.491

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