MTECHTIPS MCX NICKEL INTRADAY trading tips 17-10-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 17-10-2017

MTECHTIPS Nickel is in strong uptrend with good momentum 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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 711-710-702-695-678-652-. Immediate resistance for Nickel is 744 Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 713 The Nickel is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 750.8 with a stop at 734.3 Below 729.8 go for sell with a stop at 746.3
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