Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-04-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-04-2018

Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .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.Positionally Support for EURINR is 80.72-80.43-80.11-79.41-78.57-77.13-.Resistance for the EURINR is 81.65- 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 Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 81.82 with stop at 80.9625 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 81.593 with a stop at 80.698 Below 80.509 go for sell

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