MTECHTIPS MCX NICKEL INTRADAY trading tips 17-01-2018
MTECHTIPS MCX NICKEL INTRADAY trading tips 17-01-2018
MTECHTIPS 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 above841 or buy with strict stop at 753. The oscillator is on SELL signal and Nickel is coming down from overbought level For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 799-777-764-760-752-.Resistance for the Nickel is 807- 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 814.0 Selling pressure seems to be deceasing so Short term investor with risk aptitude can enter again if it close above 822.3 but caution- close Below low5 fresh selling can occur The oscillator is showing SELL signal Intraday Trend- Buy is advised above 824.1 with a stop at 791.1 Below 781.2 go for sell
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