01-01-1970 12:00 AM | Source: Choice Broking
Buy Eurinr (June) @ 89.87 SL 88 TGT 93 - Choice Broking
News By Tags | #4124 #881

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

EURINR

On the daily chart, EURINR had formed a ea Bullish Engulfing Candlestick pattern in prior session and managed to sustain above it, which indicates reversal in the counter.

Furthermore, the price sustained above Ichimoku Cloud formation that suggest bullish strength for the long term. 

Furthermore, the price has settled above . 50-Days Moving Averages, which point-out i positive trend forthe near term.

In addition, Spurt in ~ volume has been noticed in last two trading sessions, which shows buying interest among the traders.

Also, a momentum indicator RSI (14) & Stochastic showed positive crossover on the daily chart.

Based onthe above technical structure, we suggest a bullish movement in EURINR (June) towards the level of 93 in the near term.

Buy EURINR (June) @ 89.87 SL 88 TGT 93

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://choicebroking.in/disclaimer

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer