Mtechtips MCX-SX GBPINR INTRADAY trading analysis 25-07-2018

Spread the love

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 25-07-2018

MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Support for GBPINR is 88.8-.Resistance for the GBPINR is 90.7-90.89-90.99-91.05-91.53-91.56- In medium term Pound is relatively strengthening against Euro- Dollar- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is moving sideways so short term investor better to buy only above 90.5 or hold with stop at 88.7675 The GBPINR is now trading in highly oversold level. The GBPINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 91.463 with a stop at 89.66 Below 89.181 go for sell

WWW.MTECHTIPS.COM

07489294118-119