MTECHTIPS MCX NICKEL INTRADAY trading tips 20-02-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 20-02-2017

MTECHTIPS Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 724-714-711-703-700-690-. Immediate resistance for Nickel is 743
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 750 with stop at 712.0 The Nickel is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 750 with a stop at 733.8 Below 729.4 go for sell and put stop at 745.6
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