Mtechtips MCX-SX EURINR INTRADAY trading analysis 26-11-2018

Mtechtips MCX-SX EURINR INTRADAY trading analysis 26-11-2018

Mtechtips  Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend and the trend is supported with good volume 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 SELL signal For short term Euro is in HOLD SHORT position.Positionally Immediate support for EURINR is 80.39.Resistance for the EURINR is 81.49-82.3-82.65-82.94-83.37-83.67-84.46- 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 sideways so if buying has to considered better above82.23 or hold with stop at 80.715 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Sell if open below 80.429 or sell below 80.139 with stop loss at 81.322 Buy if open above 81.322 or buy above 81.613 with stop loss at 80.429

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