MTECHTIPS MCX NICKEL INTRADAY trading tips 07-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 07-03-2017

MTECHTIPS Nickel is moving sideways The oscillator is on SELL signal and Nickel is coming down from overbought level .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 695. The oscillator is on SELL signal and Nickel is coming down from overbought level For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 726-723-720-718-713-698-. Immediate resistance for Nickel is 748
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position Nickel is in sideways so for short term better buy above 744.1 with stop at 720.7 The Nickel is now trading is approaching overbought level. The oscillator is on SELL signal and Nickel is coming down from overbought level
Intraday Trend- Buy is advised only above 746.4 with a stop at 734.4 Below 731.5 go for sell and put stop at 743.4
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