MTECHTIPS MCX NICKEL INTRADAY trading tips 24-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 24-08-2017

MTECHTIPS 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 and closed above 3 week high with volume signals up breakout.Positionally Support for the Nickel is 698-686-666-627-613-612-. Immediate resistance for Nickel is 757
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 717 The Nickel is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- is in intraday buy level better buy above 760.9 or in low buy above 740.1 Target is 769.9 next 784.8 Below 731.2 trend reversal can occur so keep long stop at 731.2
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