Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-03-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-03-2017
Mtechtips :- Euro is weakening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above71.55 or buy with strict stop at 69.39. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 70.32-70.22-.Resistance for the EURINR is 71.01-71.86-71.88-72.29-73.76-
Short term and Intraday Level of Euro with Rupee

EURINR is moving sideways so short term investor better to buy only above 70.84 with stop at 70.365 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level
Intraday Trend- Buy is advised above 70.942 with a stop at 70.539 Below 70.499 go for sell
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