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Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-01-2017

Thursday, January 12, 2017 22:18
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Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-01-2017

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MTECHTIPS  Dollar is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Dollar is moving sideways The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above68.79 or buy with strict stop at 67.44. 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 Dollar is in HOLD LONG position.Positionally Support for USDINR is 67.75-67.68-67.31-67.18-67.01-.Resistance for the USDINR is 68.47-68.55-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 68.173 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 68.557 with a stop at 67.954 Below 67.844 go for sell with stop at 68.447

WWW.MTECHTIPS.COM

 

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