Mtechtips MCX-SX EURINR INTRADAY trading analysis 23-02-2018
Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Euro. 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 Euro is in HOLD LONG position.Positionally Support for EURINR is 79.41-79.3-78.96-77.53-77.05-76.89-75.34-. Immediate resistance for EURINR is 80.77 In medium term Euro is relatively strengthening against Yen- Pound- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is moving sideways so short term investor better to buy if close above 80.43 closing below 79.73 Sell will happen. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 80.16 with a stop at 79.75 Below 79.72 go for sell and put stop at 80.13
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Published on
Feb 23 2018 11:32AM, by
MTECHTIPS in
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