MTECHTIPS MCX NICKEL INTRADAY trading tips 04-10-2016
MTECHTIPS MCX Nickel is in long- short-medium- short- term bull phase .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 682-677-676-652-.Resistance for the Nickel is 692-701-
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 713.0 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 677.9 or sell below 669.5 with stop loss at 697.5 Buy if open above 697.5 or buy above 705.9 with stop loss at 677.9
Intraday Resistance of NICKEL are 696.1 : 704.5 : 718.5 : 727.6 : 733.2.