MTECHTIPS MCX NICKEL INTRADAY trading tips 15-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 15-03-2017

MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Immediate support for Nickel is 655.Resistance for the Nickel is 703-704-711-716-717-724-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position Nickel is in down trend so buy above 679.0 The sell will again come if below 657.9 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 682.9 with a stop at 667.1 Below 662.7 go for sell
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