Mtechtips MCX-SX EURINR INTRADAY trading analysis 31-05-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 31-05-2017
Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .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 72.07-71.46-70.92-70.84-70.4-70.17-.Resistance for the EURINR is 72.78-
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 EURINR is in sideways so for short term better buy above 72.745 with stop at 72.175 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 72.745 with a stop at 72.185 Below 72.096 go for sell and put stop at 72.655
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