MTECHTIPS MCX NICKEL INTRADAY trading tips 16-03-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 16-03-2018

MTECHTIPS  Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 879-854-817-807-.Resistance for the Nickel is 890- 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 883 The Nickel is now trading is approaching overbought level. The oscillator is on SELL signal and Nickel is coming down from overbought level Intraday Trend- Buy is advised above 895.4 with a stop at 878.2 Below 873.7 go for sell with stop at 890.8

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