MTECHTIPS MCX NICKEL INTRADAY trading tips 01-09-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 01-09-2017

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 734-716-694-647-624-618-. Immediate resistance for Nickel is 760
Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 766.4 with stop at 724.0 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 766.4 with a stop at 748.3 Below 743.3 go for sell and put stop at 761.3
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