Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-03-2019
Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-03-2019
Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 77.95-.Resistance for the EURINR is 78.81-79.73-80.67-80.81-81.2-81.6- In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee EURINR is in sideways and sellers was at high so for short term better buy above 78.697 or hold with stop at 77.9 The next resistance will be at 78.3975 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 78.697 with a stop at 78.103 Below 78.014 go for sell and put stop at 78.607
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