MTECHTIPS MCX NICKEL INTRADAY trading tips 16-11-2016
MTECHTIPS MCX Nickel is in perfect uptrend .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 739-723-706-695-691-689-. Immediate resistance for Nickel is 816
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position Nickel is in profit booking mode so either sell of or keep stop at748 so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 784.5 with a stop at 760.7 Below 753.8 go for sell.