MTECHTIPS MCX NICKEL INTRADAY trading tips 02-04-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 02-04-2018

MTECHTIPS  Nickel is in strong downtrend but volume is unsatisfactory 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 865-857-836-814-.Resistance for the Nickel is 874-879- 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 888.1 with stop at 830.4 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 888.1 with a stop at 858.4 Below 849.7 go for sell and put stop at 879.4

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