MTECHTIPS MCX NICKEL INTRADAY trading tips 27-11-2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 27-11-2018

MTECHTIPS   Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Nickel is now trading in highly oversold level. The Nickel is now trading in highly oversold level. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Immediate support for Nickel is 749.Resistance for the Nickel is 797-813-838-883-897-910- 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 776.0 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 775.9 with a stop at 760 Below 755.7 go for sell and put stop at 771.6

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