Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-04-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-04-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Euro. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal For short term Euro is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for EURINR is 80.94-80.63-80.4-80.07-79.35-78.53-77.09-. Immediate resistance for EURINR is 82.15 In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Yen- Pound- Short term and Intraday Level of Euro with Rupee EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 81.82 or hold with stop at 80.9625 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 82.104 with a stop at 81.477 Below 81.377 go for sell

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