Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-04-2017
Mtechtips :- Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 69.38-69.07-68.92-.Resistance for the EURINR is 70.57-71.32-71.54-73.14-
In medium term Euro is relatively strengthening against Yen- Pound- In long term Euro is relatively strengthening against Yen-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 70.495 with stop at 69.1375 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 70.691 with a stop at 69.98 Below 69.83 go for sell
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