Tuesday, 4 December 2018

MTECHTIPS MCX NICKEL INTRADAY trading tips 05-12-2018


MTECHTIPS MCX NICKEL INTRADAY trading tips 05-12-2018


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 highly oversold level. The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 780-769-.Resistance for the Nickel is 813-865-884-898- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is moving sideways so short term investor better to buy only above 804.4 with stop at 750.6 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 800.5 with a stop at 778 Below 771.6 go for sell
07489294118-119

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