MTECHTIPS MCX NICKEL INTRADAY trading tips 19-10-2016
MTECHTIPS MCX Nickel is in perfect uptrend .Currently Nickel is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above719 or buy with strict stop at 661. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 689-686-681-664-. Immediate resistance for Nickel is 719
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 699.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 705.1 with a stop at 689.9 Below 685.8 go for sell and put stop at 700.9.