MTECHTIPS MCX NICKEL INTRADAY trading tips 21-11-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 21-11-2018

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 .. 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 824-837-860-893-907-918- 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 828.0 with stop at 786.0 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 802.4 with a stop at 779.9 Below 773.5 go for sell

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