MTECHTIPS MCX NICKEL INTRADAY trading tips 13-02-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 13-02-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 688-685-677-.Resistance for the Nickel is 719-727-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position Nickel is in sideways and sellers was at high so for short term better buy above 727.1 or hold with stop at 685.4 The next resistance will be at 712.6 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 727.1 with a stop at 702 Below 694.5 go for sell and put stop at 719.7
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