Mtechtips MCX-SX GBPINR INTRADAY trading analysis 16-11-2018 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend with good momentum but volume is unsatisfactory 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 91.39-.Resistance for the GBPINR is 92.98-93.66-94.77-94.78-95.39-95.81- In medium term Pound is relatively strengthening against Dollar- Yen- 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 The GBPINR is in downtrend For short term buy only if close above 94.079 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- Sell if open below 91.606 with stop loss at 92.976 or sell below 91.097 Buy only above 93.487 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 16 2018 10:52AM, by MTECHTIPS in Currency| Share This