Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-10-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-10-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong downtrend 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 SHORT position.Positionally Support for EURINR is 76.92-76.85-76.78-76.18-75.39-74.57-72.65-. Immediate resistance for EURINR is 78.19
In medium term Euro is relatively strengthening against Dollar-Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 77.222 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 77.725 with a stop at 77.165 Below 77.076 go for sell with stop at 77.635.
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