Mtechtips MCX-SX EURINR INTRADAY trading analysis 12-09-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 12-09-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 83.1-82.37-81.22-80.67-80.17-80.09-79.14-. Immediate resistance for EURINR is 84.94

In medium term Euro is relatively strengthening against Yen- 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 In short term EURINR is in strong up trend so hold with stop at 83.77 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 84.909 with a stop at 84.121 Below 83.972 go for sell with a stop at 84.759

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