Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-05-2018 Mtechtips Euro is strengthening against Indian Rupee in long- term .Currently Euro is in strong downtrend with good momentum 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 BUY signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 79.05-77.52-.Resistance for the EURINR is 80.55-80.71-80.88-80.9-81.11- In medium term Euro is relatively strengthening against Dollar- In long term Euro is relatively strengthening against Yen- 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 only above 81.2075 or hold with stop at 79.9275 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 80.24 with a stop at 79.75 Below 79.69 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on May 18 2018 10:44AM, by MTECHTIPS in Currency| Share This