MTECHTIPS MCX NICKEL INTRADAY trading tips 21-12-2016

MTECHTIPS MCX NICKEL INTRADAY trading tips 21-12-2016

MTECHTIPS Mcx Nickel is in long- medium- term bull phase .Currently Nickel is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 737-719-710-.Resistance for the Nickel is 763-769-773-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 760.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 764 with a stop at 731.6 Below 721.8 go for sell and put stop at 754.2
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