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MTECHTIPS MCX NICKEL INTRADAY trading tips 06-04-2017
MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 668-651-646-.Resistance for the Nickel is 692-694-713-
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 686 or hold with stop at 638.6 The next resistance will be at 673.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 686 with a stop at 665.3 Below 659.3 go for sell and put stop at 680
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