Mtechtips MCX-SX GBPINR INTRADAY trading analysis 23-03-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 23-03-2018

MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Pound. 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 90.61-90.37-90.24-89.41-88.27-87.57-85.76-. Immediate resistance for GBPINR is 92.6 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 In short term GBPINR is in strong up trend so hold with stop at 91.633 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 92.615 with a stop at 91.826 Below 91.676 go for sell with stop at 92.465

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