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Mtechtips MCX-SX EURINR INTRADAY trading analysis 07-03-2017

Monday, March 6, 2017 22:47
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Mtechtips MCX-SX EURINR INTRADAY trading analysis 07-03-2017

 

Mtechtips :-  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 72.04 or buy with strict stop at 70.12. 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 SHORT position.Positionally Support for EURINR is 70.59-.Resistance for the EURINR is 71.28-71.91-72.14-72.3-72.7-74.12-

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

Short term and Intraday Level of Euro with Rupee

 

EURINR is in sideways but the trend looks weak so better buy above 71.2675 or hold with stop at 70.5425 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 71.2675 The oscillator is showing SELL signal

Intraday Trend- Sell only if open below 70.638 with stop loss at 71.202 or sell below 70.489 Buy is not advised till it cross 71.352

WWW.MTECHTIPS.COM

07489294118-119

 

 

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