Saturday 24 December 2016

MCX TIPS

The Nickel is in perfect downtrend. The oscillator is on SELL signal and Nickel is coming down from overbought level .In last 1 month volatility is very less and fresh sell can be considered in the Nickel if it close above  706.90 or sell with strict stop at  759. The oscillator is on SELL signal and Nickel is coming down from overbought level for short term the current position is sell .Position ally Support for the Nickel is 702 immediate resistances for Nickel is 759.
8817002233

Resistance & Support
Resistance
Support
                         759
702

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