MTECHTIPS MCX NICKEL INTRADAY trading tips 07-08-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 07-08-2018

MTECHTIPS Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Nickel. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 932-929-.Resistance for the Nickel is 949-960-981-989- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position The Nickel is in downtrend For short term buy only if close above 933.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 960.2 with a stop at 931 Below 922.5 go for sell and put stop at 951.7

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