Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-05-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-05-2017
Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory 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 SELL signal For short term The current position is BUY .Positionally Support for EURINR is 72.21-71.93-71.34-70.83-70.79-70.41-70.12-. Immediate resistance for EURINR is 73.36
In long term Euro is relatively strengthening against Yen- Pound-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 72.545 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 72.825 with a stop at 72.285 Below 72.195 go for sell and put stop at 72.735
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