Mtechtips MCX-SX JPYINR INTRADAY trading analysis 12-04-2017
MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is moving sideways The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the JPYINR above 59.39 or buy with strict stop at 57.67. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal For short term Yen is in HOLD SHORT position.Positionally Support for JPYINR is 58.19-.Resistance for the JPYINR is 58.78-58.8-59.12-59.18-59.51-62.47-
Short term and Intraday Level of Yen with Rupee
Currently JPYINR is in HOLD SHORT position The JPYINR is in downtrend For short term buy only if close above 58.523 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 58.847 with a stop at 58.263 Below 58.153 go for sell
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