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Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-03-2017

Wednesday, March 8, 2017 22:40
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Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-03-2017

 

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 Immediate support for EURINR is 70.12.Resistance for the EURINR is 71.05-71.19-71.73-72.12-72.24-72.62-74.06-

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

 

Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so hold with stop at 70.76 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 70.942 with a stop at 70.539 Below 70.499 go for sell and put stop at 70.902

WWW.MTECHTIPS.COM

07489294118-119

 

 

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