Home / TIPS / Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-01-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-01-2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-01-2017

MTECHTIPS Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend 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 BUY Signal and GBPINR is recovering from oversold level For short term Pound is in HOLD SHORT position.Positionally Immediate support for GBPINR is 82.46.Resistance for the GBPINR is 84.02-84.09-84.49-84.56-84.74-85.54-89.94-

In medium term Pound is relatively strengthening against Euro- Dollar- In long term Pound is relatively strengthening against Dollar-

Short term and Intraday Level of Pound with Rupee

Currently GBPINR is in HOLD SHORT position GBPINR is moving sideways so short term investor better to buy only above 84.695 or hold with stop at 82.7875 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 83.587 with a stop at 82.914 Below 82.804 go for sell

WWW.MTECHTIPS.COM

07489294118-119

 

About mtechtips

Leave a Reply

x

Check Also

MTECHTIPS:-INDEX 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY

MTECHTIPS Provide Get Superb Intraday Profit trading calls ...