MTECHTIPS MCX NICKEL INTRADAY trading tips 05-04-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 05-04-2018

MTECHTIPS  Nickel is in strong downtrend 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 BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 842-816-.Resistance for the Nickel is 861-869-875-876- 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 864 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 875 with a stop at 845.7 Below 837 go for sell with stop at 866.4

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