MTECHTIPS MCX NICKEL INTRADAY trading tips 26-03-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 26-03-2018

MTECHTIPS  Nickel is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 829-813-.Resistance for the Nickel is 867-882-885- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below831.7 Buy if above 885.5 The Nickel is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 855.3 with a stop at 836.8 Below 831.7 go for sell

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