Mtechtips MCX-SX EURINR INTRADAY trading analysis 24-07-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 24-07-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term Euro is in SELL position.Positionally Support for EURINR is 80.14-80.07-79.86-79.81-79.72-79.52-78.37-. Immediate resistance for EURINR is 81.04 In medium term Euro is relatively strengthening against Dollar- In long term Euro is relatively strengthening against Yen- Dollar- 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 80.72 with stop at 79.8225 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 80.901 with a stop at 80.349 Below 80.269 go for sell

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