MTECHTIPS MCX NICKEL INTRADAY trading tips 16-01-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 16-01-2017

MTECHTIPS Mcx Nickel Future This Week Closed At 711.2 With Flat Gains. We Saw High Volatility In This Week And Narrow Closing. This Week Nickel Hit High Around 725 While Low Was Around 661. Total Almost 65 Rupee Range In 1 Weeks Which Almost 10% Of Price And Flat Positive Closing. This Was Second Positive Week For Nickel Future. For 2017, Mcx Nickel Major Support Zone Is 675 Rupees. Above It Trend And Long Term Outlook Remain Bullish And Upside Targets Are 831 And 976. Below 675, Mcx Nickel Will Enter Bearish Trend And Head For Targets 530 And 375.
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