MTECHTIPS MCX NICKEL INTRADAY trading tips 05-12-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 05-12-2017

MTECHTIPS Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 722-.Resistance for the Nickel is 750-751-753-755-779- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel is moving sideways so short term investor better to buy only above 740.6 or hold with stop at 707.1 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 740.9 with a stop at 727.1 Below 723.6 go for sell
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