MTECHTIPS MCX NICKEL INTRADAY trading tips 23-11-2016
MTECHTIPS MCX Nickel is in perfect uptrend .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Nickel is coming down from overbought level For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 763-746-721-704-695-694-. Immediate resistance for Nickel is 788
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD SHORT position Nickel is moving sideways so short term investor better to buy only above 785.0 or hold with stop at 738.3 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 782.5 with a stop at 768.9 Below 765.4 go for sell.