MTECHTIPS MCX NICKEL INTRADAY trading tips 28-08-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 28-08-2018

MTECHTIPS Nickel is bearish for medium-long term.Currently Nickel is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 910.Resistance for the Nickel is 943-947-964-971-983- Short term and Intraday Level of NICKEL Currently Nickel is in SELL position Nickel is in down trend so buy above 938.0 The sell will again come if below 921.9 The Nickel is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 943.6 with a stop at 925.6 Below 920.8 go for sell

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