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Mtechtips MCX-SX JPYINR INTRADAY trading
analysis 29-11-2018
MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is in strong
downtrend with good momentum but volume is unsatisfactory The open interest is
not increasing with trend .. The JPYINR is now trading in oversold level. The
JPYINR is now trading in oversold level. The oscillator is showing BUY signal
For short term Yen is in HOLD SHORT position.Positionally Support for JPYINR is
61.64-.Resistance for the JPYINR is 63.53-63.74-64.1-64.3-64.79-65.01- 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 The JPYINR
is in downtrend For short term buy only if close above 62.634 The JPYINR is now
trading is approaching oversold level. The JPYINR is now trading is approaching
oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is
advised above 62.655 with a stop at 62.205 Below 62.145 go for sell
07489294118-119
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