MTECHTIPS MCX NICKEL INTRADAY trading tips 04-04-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 04-04-2017

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 652-659-679-692-696-716-
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 642 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 650.5 with a stop at 633.2 Below 628.4 go for sell with stop at 645.6
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