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MTECHTIPS MCX NICKEL INTRADAY
trading tips 29-11-2018
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 oscillator is on SELL signal and Naturalgas is coming down from
overbought level For short term Nickel is in SELL position.Positionally
Immediate support for Nickel is 749.Resistance for the Nickel is
785-801-827-877-892-906- Short term and Intraday Level of NICKEL Currently
Nickel is in HOLD SHORT position Nickel is in down trend so buy above 766.0 The
sell will again come if below 751.9 The Nickel is now trading in highly
oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 767.6
with a stop at 754.1 Below 750.7 go for sell
07489294118-119
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