Mtechtips MCX-SX EURINR INTRADAY trading analysis 04-08-2017


Mtechtips MCX-SX EURINR INTRADAY trading analysis 04-08-2017

Mtechtips The 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 .. 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 75.09-74.67-74.23-73.22-72.28-71.85-71.62-. Immediate resistance for EURINR is 76.47Short term and Intraday Level of Euro with Rupee

 

Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal Intraday Trend- Buy is advised above 76.102 with a stop at 75.419 Below 75.299 go for sell

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