Home / TIPS / MTECHTIPS MCX NICKEL INTRADAY trading tips 30-06-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 30-06-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 30-06-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Nickel is 585-582-577-576-.Resistance for the Nickel is 608-636-

Short term and Intraday Level of NICKEL

 

Currently Nickel is in HOLD LONG position Nickel has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 604.1 with stop at 578.4 The Nickel is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 604.1 with a stop at 594.5 Below 592.1 go for sell and put stop at 601.7

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