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MTECHTIPS MCX NICKEL INTRADAY trading tips 30-11-2016

Tuesday, November 29, 2016 22:29
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MTECHTIPS MCX NICKEL INTRADAY trading tips 30-11-2016


MTECHTIPS MCX Nickel is in long- medium- short-medium- term bull phase .Currently Nickel is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 743-715-700-.Resistance for the Nickel is 776-779-

Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position Nickel is in sideways so if buying has to considered better above816.5 or hold with stop at 754.7 The oscillator is showing SELL signal

Intraday Trend- Sell if open below 753.3 or sell below 744.3 with stop loss at 774.5 Buy if open above 774.5 or buy above 783.6 with stop loss at 753.3



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