MTECHTIPS MCX NICKEL INTRADAY trading tips 02-01-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 02-01-2018

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 774-760-755-744-741-. Immediate resistance for Nickel is 829 Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 825.6 with stop at 756.0 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 837.4 with a stop at 794.2 Below 780.9 go for sell

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