MTECHTIPS MCX NICKEL INTRADAY trading tips 04-09-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 04-09-2017

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 and closed above 1 month high with volume signals up breakout.Positionally Support for the Nickel is 741-721-699-651-626-620-. Immediate resistance for Nickel is 779 Short term and Intraday Level of NICKELNickel closed above 1 week high with volume signals up breakoutCurrently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 745 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal
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