MTECHTIPS MCX NICKEL INTRADAY trading tips 03-11-2016
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 above712 or buy with strict stop at 663. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 686-684-680-677-. Immediate resistance for Nickel is 712
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position Nickel is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 696.2 with a stop at 687.6 Below 685.6 go for sell.