MTECHTIPS MCX NICKEL INTRADAY trading tips 19-11-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips  19-11-2018

MTECHTIPS   Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 805.Resistance for the Nickel is 837-846-871-897-910-923- 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 838.3 with stop at 807.8 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 829.5 with a stop at 809.5 Below 803.9 go for sell and put stop at 823.9

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