Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-06-2017


Mtechtips MCX-SX GBPINR INTRADAY trading analysis 30-06-2017

MTECHTIPS:- The Pound is Strongly strengthening against Indian Rupee .Currently Pound is showing some up move after small correction and trend is strong and supported with good volume 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 showing BUY signal For short term Pound is in HOLD LONG position.Positionally Support for GBPINR is 83.38-82.69-82.46-82.36-82.14-82.11-82.05-. Immediate resistance for GBPINR is 84.58

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

Short term and Intraday Level of Pound with Rupee

Currently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 82.949 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- is in intraday buy level better buy above 84.589 or in low buy above 83.702 Target is 84.879 next 85.34 Below 83.413 trend reversal can occur so keep long stop at 83.413

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