MTECHTIPS MCX NICKEL INTRADAY trading tips 08-01-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 08-01-2018

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 Nickel is in HOLD LONG position.Positionally Support for the Nickel is 788-777-762-751-749-746-. Immediate resistance for Nickel is 829 Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel is in sideways so for short term better buy above 815.5 with stop at 784.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 807.4 with a stop at 787 Below 781.2 go for sell
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