MTECHTIPS MCX NICKEL INTRADAY trading tips 18-10-2017
MTECHTIPS MCX NICKEL INTRADAY trading tips 18-10-2017
MTECHTIPS Nickel is in strong uptrend and the trend is supported with good volume 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 The current position is BUY .Positionally Support for the Nickel is 723-718-710-709-684-657-. Immediate resistance for Nickel is 773 Short term and Intraday Level of NICKELCurrently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 747 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 773.3 with a stop at 754.9 Below 749.7 go for sell with stop at 768.2
07489294118-119
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