MTECHTIPS MCX NICKEL INTRADAY trading tips 03-04-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 03-04-2017

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 .. 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 661-683-692-697-717-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 643 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 659.4 with a stop at 646.2 Below 642.6 go for sell with stop at 655.9
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