MTECHTIPS MCX NICKEL INTRADAY trading tips 28-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 28-08-2017

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 highly overbought level. The Nickel is now trading in highly overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 708-697-676-633-616-614-. Immediate resistance for Nickel is 757
Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is in profit booking mode so better sell and enter at lower level The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 743.6 with a stop at 721.5 Below 715.1 go for sell
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