Mtechtips MCX-SX EURINR INTRADAY trading analysis 31-07-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 31-07-2017
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 .. 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 The current position is BUY .Positionally Support for EURINR is 74.48-74.15-73.81-72.96-71.91-71.83-71.42-. Immediate resistance for EURINR is 76.18
Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 75.761 or hold with stop at 74.82 The next resistance will be at 75.8775 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level
Intraday Trend- Buy is advised only above 75.761 with a stop at 75.329 Below 75.289 go for sell and put stop at 75.721
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