MTECHTIPS MCX NICKEL INTRADAY trading tips 12-02-2019
MTECHTIPS Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Nickel is now trading in highly overbought level. The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Nickel is 876-850-838-811-808-.Resistance for the Nickel is 908- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below873.6 Buy if above 956.4 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 898.9 with a stop at 879 Below 873.6 go for sell
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