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Mtechtips MCX-SX JPYINR INTRADAY trading
analysis 26-11-2018
MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is in strong
downtrend but volume is unsatisfactory The open interest is not increasing with
trend . Noting point is selling at lower levels seems decreasing. 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 SELL
position.Positionally Support for JPYINR is 61.58-.Resistance for the JPYINR is
63.73-64-64.26-64.55-65.08- In medium term Yen is relatively strengthening
against Dollar- In long term Yen is relatively strengthening against Euro-
Dollar- Pound- Short term and Intraday Level of Yen with Rupee Currently JPYINR
is in HOLD SHORT position JPYINR is moving sideways so short term investor
better to buy only above 64.0 or hold with stop at 62.6325 The JPYINR is now
trading in highly oversold level. The JPYINR is now trading in highly oversold
level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 63.407
with a stop at 62.615 Below 62.435 go for sell
07489294118-119
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