MTECHTIPS MCX NICKEL INTRADAY trading tips 12-04-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 12-04-2017

MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Immediate support for Nickel is 629.Resistance for the Nickel is 653-654-661-690-691-709-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 658.0 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 629.8 with stop loss at 646.4 or sell below 622.8 Buy only above 653.4
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