Mtechtips MCX-SX GBPINR INTRADAY trading analysis 26-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 26-04-2018

MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .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 SELL signal .In last 1 month volatality is very less Buy the GBPINR above 94.79 or buy with strict stop at 90.84. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal For short term Pound is in HOLD SHORT position.Positionally Support for GBPINR is 92.43-92.05-90.97-90-88.99-86.79-.Resistance for the GBPINR is 93.61- 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 92.911 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 92.485 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 93.677 with a stop at 92.814 Below 92.644 go for sell and put stop at 93.507

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