MTECHTIPS MCX NICKEL INTRADAY trading tips 02-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 02-08-2017

MTECHTIPS Nickel is in perfect uptrend .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Nickel is now trading in overbought level. The Nickel is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 634-624-612-608-594-. Immediate resistance for Nickel is 667 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 648 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 666.6 with a stop at 652.9 Below 649.2 go for sell with a stop at 662.9.
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