Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-03-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 19-03-2018

MTECHTIPS:- Pound is Strongly strengthening 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 above91.82 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 BUY signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 90.15-90.06-89.9-88.98-87.97-87.34-85.59-. Immediate resistance for GBPINR is 91.82 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 LONG position GBPINR is in profit booking mode so hold with stop at 90.562 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 91.122 with a stop at 90.499 Below 90.419 go for sell and put stop at 91.042

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