MTECHTIPS MCX NICKEL INTRADAY trading tips 30-03-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 30-03-2017

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 .. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 623.Resistance for the Nickel is 658-664-688-693-700-719-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position Nickel is showing some Up momentum So buy above 647.0 with stop at 625.6 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 652.6 with a stop at 642.4 Below 639.8 go for sell and put stop at 650.1
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