Sunday 17 June 2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 18-06-2018


MTECHTIPS MCX NICKEL INTRADAY trading tips 18-06-2018

MTECHTIPS  Nickel is moving sideways The oscillator is on SELL signal and Nickel is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above1068 or buy with strict stop at 984. The oscillator is on SELL signal and Nickel is coming down from overbought level For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 1012-971-936-920-.Resistance for the Nickel is 1036-1044- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 1057.9 or hold with stop at 1020.1 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 1047.5 with a stop at 1020.6 Below 1013 go for sell
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