MTECHTIPS MCX NICKEL INTRADAY trading tips 08-08-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 08-08-2018

MTECHTIPS Nickel is bearish for medium-long term .Currently 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 940-934-931-.Resistance for the Nickel is 960-981-988- Short term and Intraday Level of NICKEL

Currently Nickel is in HOLD SHORT position Nickel is showing some Up momentum So buy above 942.0 with stop at 900.1 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 962.7 with a stop at 944.1 Below 939.1 go for sell and put stop at 957.8

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