MTECHTIPS MCX NICKEL INTRADAY trading tips 25-11-2016
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 768-759-731-709-697-696-. Immediate resistance for Nickel is 808
Short term and Intraday Level of NICKEL
Currently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 778 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 801.2 with a stop at 786.3 Below 782.4 go for sell with stop at 797.3.