MTECHTIPS MCX NICKEL INTRADAY trading tips 03-02-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 03-02-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend with good momentum 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 BUY signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 683-676-666-.Resistance for the Nickel is 718-723-726-
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 675 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 708.8 with a stop at 690.3 Below 685.1 go for sell with a stop at 703.5
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