September 19, 2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 10-02-2017

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 . Cautious point is 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 681-675-.Resistance for the Nickel is 690-715-719-727-
Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD LONG position In short term Nickel is in strong up trend so hold with stop at 692 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 697.3 with a stop at 680.1 Below 675.3 go for sell with stop at 692.5
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