Moneycontrol
Apr 21, 2017 11:09 AM IST | Source: Moneycontrol.com

Sell EURINR; target of 68.95: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can Sell EURINR for the target of 68.95 with a stop loss of 70.10.

Sell EURINR; target of 68.95: Way2Wealth

Way2Wealth's currency report on EURINR


EURINR futures opened flat in the last session and prices consolidated for half of the session in the range of 69.30-69.40 levels. Later prices broke the range on the higher side and rose till high of 69.68 level. Prices have taken strong resistance around its previous bottom of 69.61 level and corrected sharply in the previous session. Prices are expected to fall from these levels towards next strong supports placed around 68.95 and 68.40 levels.

Pair : EURINR
Action : Sell
Entry : 69.60
Target : 68.95
Stop Loss : 70.10

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