MTECHTIPS MCX NICKEL INTRADAY trading tips 15-02-2017
MTECHTIPS MCX NICKEL INTRADAY trading tips 15-02-2017
MTECHTIPS Mcx Nickel is in long- medium- short-medium- short- term bull phase .Currently 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 713-705-698-686-685-.Resistance for the Nickel is 728-
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 729.7 with stop at 685.4 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 729.7 with a stop at 715 Below 711.1 go for sell and put stop at 725.8
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