MTECHTIPS MCX NICKEL INTRADAY trading tips 06-10-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 06-10-2017

MTECHTIPS Nickel is in long- term bull phase .Currently Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 667-645-.Resistance for the Nickel is 694-703-710-728- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is in profit booking mode so either sell of or keep stop at684 so better sell and enter at lower level The oscillator is showing BUY signal Intraday Trend- Buy is advised above 701.4 with a stop at 682 Below 676.5 go for sell
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