Moneycontrol
Dec 04, 2017 11:29 AM IST | Source: Moneycontrol.com

Sell EURINR; target of 75.80-75.60: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can sell EURINR for the target of 75.80-75.60 with a stop loss of 76.62.


Way2Wealth's currency report on EURINR


After opening with minor gap up at 76.73 EURINR pair once again slipped lower and finally ended at 76.59. The pair closed above the immediate trend line resistance and break down below that will once again shift the pair into bearish. Thus, we recommend selling on break of 76.30 for downside targets of 75.80 then 75.60 levels.

Pair : EURINR
Action : Sell
Entry : 76.30
Target : 75.80/75.60
Stop Loss : 76.62

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.

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