MTECHTIPS MCX NICKEL INTRADAY trading tips 22-11-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 22-11-2018

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 SELL position.Positionally Immediate support for Nickel is 775.Resistance for the Nickel is 817-832-855-891-905-916- Short term and Intraday Level of NICKEL Currently Nickel is in SELL position The Nickel is in downtrend For short term buy only if close above 803.0 The Nickel is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 789.6 with a stop at 775.2 Below 771.4 go for sell

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