Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-10-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-10-2017
Mtechtips The Dollar is strengthening against Indian Rupee in long- medium- term .Currently Dollar is moving sideways The USDINR is now trading in oversold level. The USDINR 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 USDINR if it close above65.87 or buy with strict stop at 64.47. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 64.77-64.46-64.33-64.32-.Resistance for the USDINR is 65.38-65.51-65.6- In long term Dollar is relatively strengthening against Yen- Euro- Pound- Short term and Intraday Level of Dollar with Rupee USDINR is moving sideways so short term investor better to buy only above 65.5 or hold with stop at 64.73 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 65.34 with a stop at 64.87 Below 64.8 go for sell
WWW.MTECHTIPS.COM
07489294118-119