MTECHTIPS MCX NICKEL INTRADAY trading tips 05-04-2017
MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is moving sideways The oscillator is on BUY Signal and Nickel is recovering from oversold level .In last 1 month volatality is very less Buy the Nickel above 682 or buy with strict stop at 623. The oscillator is on BUY Signal and Nickel is recovering from oversold level For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 645-.Resistance for the Nickel is 657-676-691-694-714-
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position Nickel is in sideways and sellers was at high so for short term better buy above 663.5 or hold with stop at 638.6 The next resistance will be at 658.4 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 663.5 with a stop at 645.9 Below 640.9 go for sell and put stop at 658.5
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