Mtechtips MCX-SX USDINR INTRADAY trading analysis 04-04-2018

Spread the love

Mtechtips MCX-SX USDINR INTRADAY trading analysis 04-04-2018

Mtechtips  Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 64.89-64.87-64.36-64.32-64.29-64.17-. Immediate resistance for USDINR is 65.7 In medium term Dollar is relatively strengthening against Yen- Pound- In long term Dollar is relatively strengthening against Yen- Euro- Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is moving sideways so short term investor better to buy only above 65.44 with stop at 64.8725 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 65.531 with a stop at 64.95 Below 64.84 go for sell

WWW.MTECHTIPS.COM

07489294118-119