MTECHTIPS MCX NICKEL INTRADAY trading tips 11-04-2017
MTECHTIPS MCX NICKEL INTRADAY trading tips 11-04-2017
MTECHTIPS Nickel is bearish for medium-long term .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 Nickel is in HOLD LONG position.Positionally Immediate support for Nickel is 623.Resistance for the Nickel is 664-691-692-710-
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD SHORT position Nickel is in sideways so for short term better buy above 673.5 with stop at 641.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 663.3 with a stop at 645.7 Below 640.7 go for sell
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