Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-08-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is showing some up move after small correction and trend is strong 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 Euro is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for EURINR is 75.26-75.25-75.13-74.07-73.3-72.32-72-. Immediate resistance for EURINR is 76.53 Short term and Intraday Level of Euro with RupeeEURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 75.659 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 76.753 with a stop at 75.888 Below 75.698 go for sell with a stop at 76.563
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