Sell EURINR; target of 74.80: Way2Wealth
Way2Wealth has come out with its report on currency. According to the research firm, one can sell EURINR for the target of 74.80 with a stop loss of 76.00.
Way2Wealth's currency report on EURINR
EURINR futures opened flat in the last session and prices consolidated for most of the session in the range of 75. 4 0 - 75. 6 0 levels. Prices have been correcting gradually since last few sessions after taking strong resistance near its previous swing high placed around 76.34 level and are expected to correct further from these levels towards immediate strong supports placed around 75.15 and 74.80 levels.
Pair : EURINR
Action : Sell
Entry : 75.50
Target : 74.80
Stop Loss : 76.00
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.