Mtechtips MCX-SX JPYINR INTRADAY trading analysis 14-03-2018

Spread the love

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 14-03-2018

MTECHTIPS:- Yen is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Yen is in strong uptrend and the trend is supported with good volume 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 SELL signal For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 59.92-58.44-58.09-57.9-57.86-.Resistance for the JPYINR is 61.19-61.45- In long term Yen is relatively strengthening against Euro- Pound- Short term and Intraday Level of Yen with Rupee JPYINR has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below60.359 Buy if above 61.66 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 61.122 with a stop at 60.489 Below 60.359 go for sell

WWW.MTECHTIPS.COM

07489294118-119