MTECHTIPS MCX NICKEL INTRADAY trading tips 27-12-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 27-12-2017

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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 757-744-741-736-731-. Immediate resistance for Nickel is 782 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 761 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 776.2 with a stop at 762.7 Below 759.2 go for sell with a stop at 772.7
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