Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-06-2017


Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-06-2017

Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is showing some up move after small correction and trend is strong momentum is also showing strength 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 The current position is BUY .Positionally Support for EURINR is 72.25-72.21-72.18-71.91-71.31-70.88-70.75-. Immediate resistance for EURINR is 74.39

Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD LONG position EURINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 74.318 with stop at 72.0275 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 74.318 with a stop at 73.792 Below 73.712 go for sell and put stop at 74.238

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