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Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-12-2016

Wednesday, November 30, 2016 23:08
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Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-12-2016

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MTECHTIPS The Euro is weakening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the EURINR above 76 or buy with strict stop at 71.88. 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 SELL position.Positionally Support for EURINR is 72.64-72.51-.Resistance for the EURINR is 73.56-74.09-74.6-74.67-75.28-

In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Dollar-

Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 73.56 with stop at 72.2475 The oscillator is showing BUY signal 

Intraday Trend- Buy is advised above 73.437 with a stop at 72.944 Below 72.874 go for sell.

WWW.MTECHTIPS.COM

07489294118-119

 

 

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