MTECHTIPS MCX NICKEL INTRADAY trading tips 26-07-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 26-07-2018

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 oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 931-.Resistance for the Nickel is 949-956-974-982-999- 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 921 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 948.4 with a stop at 929.9 Below 925 go for sell with a stop at 943.5

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