MTECHTIPS MCX NICKEL INTRADAY trading tips 23-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 23-08-2017

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 692-680-661-623-612-610-. Immediate resistance for Nickel is 741
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 705 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 742.1 with a stop at 724.8 Below 720 go for sell with a stop at 737.3
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