MTECHTIPS MCX NICKEL INTRADAY trading tips 05-01-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 05-01-2018

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 Nickel is now trading in overbought level. The Nickel is now trading in overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Nickel is 786-772-762-748-745-. Immediate resistance for Nickel is 829 Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel is moving sideways with low volatality so short term investor better to buy if close above 825.6 close below 778.7 Sell will happen. The oscillator is showing SELL signal Intraday Trend-Intraday better to buy above 823.9 and Sell if below778.2
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