MTECHTIPS MCX NICKEL INTRADAY trading tips 03-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 03-03-2017

MTECHTIPS Nickel is in long- medium- short-medium- term bull phase .Currently Nickel is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above748 or buy with strict stop at 689. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 717-706-697-.Resistance for the Nickel is 726-729-730-
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 725 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 733.1 with a stop at 716.4 Below 711.8 go for sell with stop at 728.5
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