MTECHTIPS MCX NICKEL INTRADAY trading tips 02-12-2016
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 SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 749-718-702-.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 for short term better buy above 816.5 with stop at 750.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 774 with a stop at 759.3 Below 755.4 go for sell.