MTECHTIPS MCX NICKEL INTRADAY trading tips 17-11-2016
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 on SELL signal and Nickel is coming down from overbought level For short term The current position is BUY .Positionally Support for the Nickel is 747-728-709-696-691-690-. Immediate resistance for Nickel is 816
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD SHORT position Nickel is moving sideways so short term investor better to buy if close above 812.9 closing below 744.0 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 781.9 with a stop at 763.2 Below 758 go for sell and put stop at 776.7.