Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-08-2017
Mtechtips The Euro is Strongly strengthening 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 The current position is BUY .Positionally Support for EURINR is 74.65-74.28-73.95-73.03-72-71.83-71.47-. Immediate resistance for EURINR is 76.18 Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD LONG position EURINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 75.912 with stop at 74.82 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 75.912 with a stop at 75.449 Below 75.389 go for sell and put stop at 75.851
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