Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-01-2018

Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-01-2018
Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 76.9-76.75-76.38-76.31-76.27-76.23-74.26-. Immediate resistance for EURINR is 79
In long term Euro is relatively strengthening against 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 78.108 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 78.477 with a stop at 77.824 Below 77.704 go for sell with a stop at 78.356.
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