Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-10-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-10-2017
Mtechtips The Euro is strengthening against Indian Rupee in long- medium- term .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above78.19 or buy with strict stop at 76.28. 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.Positionally Support for EURINR is 76.2-75.45-74.62-72.68-.Resistance for the EURINR is 77.4-77.41-77.52- 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 77.183 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 77.344 with a stop at 76.636 Below 76.497 go for sell with stop at 77.204
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