Mtechtips MCX-SX GBPINR INTRADAY trading analysis 13-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 13-04-2018

MTECHTIPS:- 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 91.68-91.59-91.03-90.46-89.14-88.34-86.3-. Immediate resistance for GBPINR is 93.26 In long term Pound is relatively strengthening against 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 92.313 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 93.146 with a stop at 92.565 Below 92.495 go for sell with a stop at 93.076

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