MTECHTIPS MCX NICKEL INTRADAY trading tips 12-01-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 12-01-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is moving sideways The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above735 or buy with strict stop at 675. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Immediate support for Nickel is 675.Resistance for the Nickel is 698-701-716-724-728-747-
Short term and Intraday Level of NICKEL

Nickel and closed below 1 week low with volume signals down breakoutCurrently Nickel is in HOLD LONG position Nickel is in sideways but the trend looks weak so better buy above 725.4 or hold with stop at 686.8 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 676.9 with stop loss at 700.3 or sell below 666.7Buy is not advised till it cross 710.6
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