MTECHTIPS MCX NICKEL INTRADAY trading tips 03-01-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 03-01-2018

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 779-761-746-743-742-. Immediate resistance for Nickel is 829 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 at794 so better sell and enter at lower level The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 815.2 with a stop at 797.1 Below 792.2 go for sell
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