Mtechtips MCX-SX GBPINR INTRADAY trading analysis 24-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 24-04-2018

MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .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 The current position is BUY .Positionally Support for GBPINR is 92.27-91.87-90.87-89.83-88.85-86.69-.Resistance for the GBPINR is 93.53- 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 93.274 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 93.056 with a stop at 92.505 Below 92.445 go for sell

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