MTECHTIPS MCX NICKEL INTRADAY trading tips 17-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 17-08-2017

MTECHTIPS Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Nickel is now trading in overbought level. The Nickel is now trading in overbought level. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 671-664-644-613-609-604-. Immediate resistance for Nickel is 706Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel is in sideways so for short term better buy above 703.0 with stop at 664.4 The oscillator is showing SELL signal
Intraday Trend- Buy if open above 695.3 with a stop at 676.9 Strong Buy above 703.1 Below 669.2 go for sell or sell if open below676.9
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