MTECHTIPS MCX NICKEL INTRADAY trading tips 09-08-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 09-08-2018

MTECHTIPS Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 953-940-937-932-.Resistance for the Nickel is 981-987- 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 968.6 with stop at 900.1 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 968.6 with a stop at 955.2 Below 952 go for sell and put stop at 965.4

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