MTECHTIPS MCX NICKEL INTRADAY trading tips 31-08-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 31-08-2017

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 727-712-690-643-622-617-. Immediate resistance for Nickel is 760 Short term and Intraday Level of NICKELCurrently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 757.0 or hold with stop at 724.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 747.5 with a stop at 733 Below 729.1 go for sell
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