MTECHTIPS MCX NICKEL INTRADAY trading tips 17-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 17-03-2017

MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend and the trend is supported with good volume 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 692-702-706-714-724-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 679.9 with stop at 657.9 The Nickel is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 675.2 with a stop at 661.8 Below 658.2 go for sell
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