Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-07-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-07-2017
Mtechtips The 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 . Cautious point is buying at higer levels seems decreasing. 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 74.11-73.95-73.54-72.82-71.82-71.73-71.33-. Immediate resistance for EURINR is 75.54Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so either sell of or keep stop at74.943 so better sell and enter at lower level 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 75.25 with a stop at 74.73 Below 74.66 go for sell
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