MTECHTIPS MCX NICKEL INTRADAY trading tips 04-07-2017


MTECHTIPS MCX NICKEL INTRADAY trading tips 04-07-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 603-588-585-582-578-.Resistance for the Nickel is 634-

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 601 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signalIntraday Trend- Buy is advised above 612.6 with a stop at 603.5 Below 601.3 go for sell with stop at 610.3

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07489294118-119

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