Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-11-2016

Tuesday, November 22, 2016 23:24
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-11-2016

B4INREMOTE-aHR0cHM6Ly8zLmJwLmJsb2dzcG90LmNvbS8tYTZtLWgxNlpxTEkvV0RVems5TGJSTkkvQUFBQUFBQUEtMzgvLVJvSExPY3FwUGNSRHBISUs0UHJDUEJHU3JWM20wZ0R3Q0xjQi9zMTYwMC9NQ1gtU1glMkJVU0RJTlI0LmpwZw==

MTECHTIPS The Dollar is Strongly strengthening against Indian Rupee .Currently Dollar 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 USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for USDINR is 67.31-67.1-67-66.91-66.88-66.77-66.76-. Immediate resistance for USDINR is 68.69

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy if close above 68.4125 closing below 67.665 Sell will happen. The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is on SELL signal and USDINR is coming down from overbought level

Intraday Trend- Buy is advised only above 68.517 with a stop at 68.004 Below 67.924 go for sell and put stop at 68.437.

WWW.MTECHTIPS.COM

07489294118-119

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.