MTECHTIPS MCX NICKEL INTRADAY trading tips 18-04-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 18-04-2018

MTECHTIPS  Nickel is in strong uptrend and the trend is supported with good volume 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 The current position is BUY .Positionally Support for the Nickel is 887-877-874-873-857-827-. Immediate resistance for Nickel is 943 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 956.9 with stop at 881.4 The Nickel is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 956.9 with a stop at 926.1 Below 917.2 go for sell and put stop at 947.9

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