MTECHTIPS MCX NICKEL INTRADAY trading tips 15-11-2016
MTECHTIPS MCX Nickel is in perfect uptrend .Currently Nickel is in strong uptrend but volume is unsatisfactory 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 731-717-704-693-690-687-. Immediate resistance for Nickel is 816
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 810 with stop at 735.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 810 with a stop at 748.4 Below 729 go for sell and put stop at 790.