MTECHTIPS MCX NICKEL INTRADAY trading tips 23-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 23-03-2017

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 646.Resistance for the Nickel is 671-688-699-705-708-723-
Short term and Intraday Level of NICKEL

Currently Nickel is in SELL position The Nickel is in downtrend For short term buy only if close above 667.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 667.7 with a stop at 653.1 Below 649.2 go for sell
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