Mtechtips MCX-SX GBPINR INTRADAY trading analysis 27-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 27-04-2018

MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is moving sideways 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 .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 on SELL signal and GBPINR is coming down from overbought level For short term Pound is in HOLD SHORT position.Positionally Support for GBPINR is 92.94-92.56-92.13-91.05-90.1-89.07-86.84-. Immediate resistance for GBPINR is 94.79 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 GBPINR is in sideways and sellers was at high so for short term better buy above 94.048 or hold with stop at 92.485 The next resistance will be at 93.6125 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 94.048 with a stop at 93.303 Below 93.173 go for sell and put stop at 93.917

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