Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-11-2018

Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-11-2018

Mtechtips  Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Euro. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term Euro is in HOLD SHORT position.Positionally Support for EURINR is 80.79-.Resistance for the EURINR is 82.57-82.95-83.34-83.38-84.19-84.56- 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 SHORT position The EURINR is in downtrend For short term buy only if close above 81.78 The EURINR is now trading in highly oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 82.014 with a stop at 81.327 Below 81.207 go for sell

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