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Mtechtips MCX-SX EURINR INTRADAY trading analysis 26-07-2017

Tuesday, July 25, 2017 23:11

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 26-07-2017

Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro 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 EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 74.04-73.87-73.43-72.74-71.83-71.65-71.29-. Immediate resistance for EURINR is 75.54

Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 75.36 with stop at 74.1475 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 75.36 with a stop at 74.87 Below 74.81 go for sell and put stop at 75.3

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