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MTECHTIPS MCX NICKEL INTRADAY trading tips 28-11-2016

Sunday, November 27, 2016 22:51
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MTECHTIPS MCX NICKEL INTRADAY trading tips 28-11-2016

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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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 772-766-735-712-699-697-. Immediate resistance for Nickel is 816

Short term and Intraday Level of NICKEL

 Currently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 781 The Nickel is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 814.8 with a stop at 790.9 Below 784.1 go for sell with a stop at 807.9

 WWW.MTECHTIPS.COM

07489294118-119

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