MTECHTIPS MCX NICKEL INTRADAY trading tips 22-06-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 22-06-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 570-.Resistance for the Nickel is 582-593-615-642-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position Nickel is in sideways and sellers was at high so for short term better buy above 587.8 or hold with stop at 569.0 The next resistance will be at 586.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 587.8 with a stop at 572.8 Below 568.6 go for sell and put stop at 583.6
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