MTECHTIPS MCX NICKEL INTRADAY trading tips 12-07-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 12-07-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Nickel above 615 or buy with strict stop at 566. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 588-583-580-.Resistance for the Nickel is 596-602-624- Short term and Intraday Level of NICKELCurrently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 589.0 The Nickel is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 603 with a stop at 587.4 Below 583 go for sell and put stop at 598.6
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