Mtechtips MCX-SX GBPINR INTRADAY trading analysis 26-09-2019
MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer 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 HOLD LONG position.Positionally Support for GBPINR is 88.17-88.04-87.4-87.36-86.87-.Resistance for the GBPINR is 89.02-90.48- In medium term Pound is relatively strengthening against Yen- 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 SHORT position The GBPINR is not giving any clear signal So buy only if close above89.2925 and sell below 87.975 The oscillator is showing SELL signal
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Published on
Sep 26 2019 11:55AM, by
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