MTECHTIPS MCX NICKEL INTRADAY trading tips 31-07-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 31-07-2018

MTECHTIPS Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 937-929-.Resistance for the Nickel is 958-965-984-996- 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 934 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 957.1 with a stop at 940.9 Below 936.7 go for sell with a stop at 953

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