Mtechtips MCX-SX GBPINR INTRADAY trading analysis 10-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 10-04-2018

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 .. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is on SELL signal and GBPINR is coming down from overbought level For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 91.48-91.26-90.76-90.24-88.89-88.13-86.14-. Immediate resistance for GBPINR is 93.05 In medium term Pound is relatively strengthening against Yen- In long term Pound is relatively strengthening against Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position The GBPINR is in downtrend For short term buy only if close above 91.668 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is on BUY Signal and GBPINR is recovering from oversold level Intraday Trend- Buy is advised only above 92.424 with a stop at 91.527 Below 91.347 go for sell and put stop at 92.244

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