MTECHTIPS MCX NICKEL INTRADAY trading tips 22-03-2017
MTECHTIPS MCX NICKEL INTRADAY trading tips 22-03-2017
MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Nickel above 747 or buy with strict stop at 655. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Immediate support for Nickel is 655.Resistance for the Nickel is 673-693-700-708-710-723-
Short term and Intraday Level of NICKEL
Currently Nickel is in SELL position The Nickel is in downtrend For short term buy only if close above 671.0 Selling pressure seems to be deceasing so Short term investor with risk aptitude can enter again if it close above 673.7 but caution- close Below low5 fresh selling can occur The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 669.8 with a stop at 659.9 Below 657.4 go for sell
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