MTECHTIPS MCX NICKEL INTRADAY trading tips 20-11-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 20-11-2018

MTECHTIPS   Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend 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 783.Resistance for the Nickel is 831-842-866-895-909-920- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 820.0 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 814.9 with a stop at 786.2 Below 777.7 go for sell

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