MTECHTIPS MCX NICKEL INTRADAY trading tips 06-09-2018

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MTECHTIPS MCX NICKEL INTRADAY trading tips 06-09-2018

MTECHTIPS  Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Nickel 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 883.Resistance for the Nickel is 927-934-937-951-972-976- 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 909.0 The Nickel is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 908.8 with a stop at 886 Below 879.6 go for sell and put stop at 902.4

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