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


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

Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer 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 Euro is in HOLD LONG position.Positionally Support for EURINR is 75.23-74.91-74.36-73.35-72.46-71.86-71.72-. Immediate resistance for EURINR is 76.47Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 75.777 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 75.972 with a stop at 75.359 Below 75.249 go for sell and put stop at 75.861

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