Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-04-2018

MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- 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 on SELL signal and GBPINR is coming down from overbought level and has moved down its previous low and the negative trend is still continuing. 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 91.11-90.17-89.13-86.88-.Resistance for the GBPINR is 92.9-93.37-93.6- 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 but the trend looks weak so better buy above 93.6125 or hold with stop at 92.2275 The oscillator is showing BUY signal  Intraday Trend- Sell if open below 91.676 with stop loss at 92.785 or sell below 91.297Buy is not advised till it cross 93.166

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