MTECHTIPS MCX NICKEL INTRADAY trading tips 04-09-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 04-09-2018

MTECHTIPS  Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Immediate support for Nickel is 898.Resistance for the Nickel is 937-940-943-955-973-979- Short term and Intraday Level of NICKEL Currently Nickel is in HOLD SHORT position Nickel is in sideways so for short term better buy above 920.7 with stop at 902.2 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 920.7 with a stop at 907.2 Below 904 go for sell and put stop at 917.4

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