MTECHTIPS MCX NICKEL INTRADAY trading tips 20-10-2016
MTECHTIPS MCX Nickel is in long- medium- term bull phase .Currently Nickel is moving sideways The oscillator is showing SELL signal and has moved down its previous low. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 680-666-.Resistance for the Nickel is 692-694-696-
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 697.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 696.9 with a stop at 679.6 Below 674.8 go for sell.