Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-04-2017
Mtechtips :- Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term Euro is in SELL position.Positionally Immediate support for EURINR is 68.03.Resistance for the EURINR is 69.57-70.04-70.36-71.18-71.54-71.83-73.43-
In medium term Euro is relatively strengthening against Yen- In long term Euro is relatively strengthening against Yen-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD SHORT position EURINR is showing some Up momentum So buy above 68.739 with stop at 68.3 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 69.008 with a stop at 68.563 Below 68.503 go for sell and put stop at 68.948
WWW.MTECHTIPS.COM
07489294118-119