MTECHTIPS MCX NICKEL INTRADAY trading tips 18-11-2016
MTECHTIPS MCX Nickel is in perfect uptrend .Currently Nickel is moving sideways The oscillator is on SELL signal and Nickel is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above816 or buy with strict stop at 687. 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 753-732-712-698-692-. Immediate resistance for Nickel is 816
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD SHORT position Nickel is moving sideways with low volatality so short term investor better to buy if close above 812.9 close below 744.0 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 780.5 and Sell if below739.9.