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Mtechtips MCX-SX JPYINR intraday trading analysis 01-12-2014

Mtechtips MCX-SX JPYINR intraday trading analysis 01-12-2014
Mtechtips yen rupee future of december expiry closed at 52.83 with loss. yen closed in red but closed near high suggesting recovery or bounce back signs. here risky traders stay long with stop loss below 52.5 for bounce back up to 53.5. if yen broke, 52 levels then expect 50 to 48 levels in short to medium terms.
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