MTECHTIPS MCX NICKEL INTRADAY trading tips 25-07-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 25-07-2018

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 Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 903.Resistance for the Nickel is 941-952-955-978-982-1000- 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 950.2 with stop at 907.3 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 950.2 with a stop at 925.4 Below 918.4 go for sell and put stop at 943.2

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