MTECHTIPS MCX NICKEL INTRADAY trading tips 24-04-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 24-04-2018

MTECHTIPS  Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Nickel. The oscillator is on SELL signal and Nickel is coming down from overbought level For short term The current position is BUY .Positionally Support for the Nickel is 934-910-889-884-867-837-. Immediate resistance for Nickel is 1099 Short term and Intraday Level of NICKEL Currently Nickel is in HOLD LONG position Nickel is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal Intraday Trend- Sell if open below 929.7 or sell below 911.8 with stop loss at 969.4 Buy if open above 969.4 or buy above 987.4 with stop loss at 929.7

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