MTECHTIPS MCX NICKEL INTRADAY trading tips 20-11-2017
MTECHTIPS MCX NICKEL INTRADAY trading tips 20-11-2017
MTECHTIPS Nickel is in long- medium- term bull phase .Currently Nickel is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 744-735-705-.Resistance for the Nickel is 785-794-797- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 763.0 The Nickel is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 768.4 with a stop at 741.9 Below 734 go for sell and put stop at 760.6
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