Wednesday 20 September 2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 21-09-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 21-09-2017

MTECHTIPS Nickel is in long- medium- term bull phase .Currently Nickel is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 690-653-636-.Resistance for the Nickel is 737-743-750- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 742.3 with stop at 693.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 742.3 with a stop at 722.1 Below 716.4 go for sell and put stop at 736.5

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