MTECHTIPS MCX NICKEL INTRADAY trading tips 28-02-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 28-02-2017

MTECHTIPS 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 724-722-716-698-. Immediate resistance for Nickel is 748
Short term and Intraday Level of NICKEL

Currently Nickel is in SELL position Nickel is showing some Up momentum So buy above 725.0 with stop at 698.5 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 742.9 with a stop at 729 Below 725.4 go for sell and put stop at 739.2
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