MTECHTIPS MCX NICKEL INTRADAY trading tips 27-02-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 27-02-2017

MTECHTIPS Nickel is in long- medium- short-medium- short- term bull phase .Currently Nickel is in strong uptrend 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 Nickel is now trading in overbought level. The Nickel is now trading in overbought level. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 716-714-698-695-.Resistance for the Nickel is 728-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 722.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 739.2 with a stop at 715.3 Below 708.3 go for sell and put stop at 732.2
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