Advertisement

Witnessing weakness in Nickel from 38.2% fibonacci retracement resistance @ 899


MCX - NICKEL
Charts updated for - 26th February 2015.


  • Nickel witnessing selling pressure from 38.2 % fibonacci retracement resistance @ 899, will favor bears as long as holds below.
  • On down side will find support (its previous bottom) around 862. If closes below 862 then bears may get active in Nickel.
Posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Advertisement

What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.