February 22, 2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 08-02-2017

MTECHTIPS Mcx Nickel is bearish for medium-long term .Currently Nickel is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 684-675-674-.Resistance for the Nickel is 718-719-727-
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 707.4 with stop at 676.0 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 704.2 with a stop at 692.5 Below 689.6 go for sell
WWW.MTECHTIPS.COM
07489294118-119

mtech_tips1

Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.