MTECHTIPS MCX NICKEL INTRADAY trading tips 27-07-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 27-07-2018

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 on BUY Signal and Nickel is recovering from oversold level For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 928-.Resistance for the Nickel is 947-956-971-983-998- 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 953.8 with stop at 916.8 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 953.8 with a stop at 935.2 Below 930.3 go for sell and put stop at 948.8

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