Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-09-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-09-2018

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 .. 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 HOLD LONG position.Positionally Support for EURINR is 83.21-82.59-81.37-80.73-80.2-80.14-79.18-. Immediate resistance for EURINR is 85.03

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 EURINR is in sideways but the trend looks weak so better buy above 84.695 or hold with stop at 83.5475 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 84.695 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Sell if open below 83.303 with stop loss at 84.168 or sell below 83.044Buy is not advised till it cross 84.429

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