MCX Nickel Trend Update 1 Hour 16-07-2020 18:00:05 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 16-07-2020 18:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 16-07-2020 18:00:05 MCX Nickel trading at 1009.9 with high of 1011.6 and low of 1007.2

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In 1 Hour MCX Nickel Chart as per Spider Signals AI Trend we can see the trend is Bearish

The MCX Nickel RSI (Relative strength index) 14 is trading at Range and value is 38.6

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is -38.0

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In 1 Hour chart MCX Nickel price continues to trade at 1009.9 and below the (Spider Signals AI Trend ) with value of 1017.88 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if MCX Nickel continues to trade below 1017.88 level, that could be an extraordinarily Bearish sign for MCX Nickel

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The expected trading range for MCX Nickel today is between 1010.73 support and 1032.03 resistance.

Pivot (invalidation): 1021.17

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 1021.17
MCX Nickel Support 1 1010.73
MCX Nickel Support 2 999.867
MCX Nickel Support 3 989.433
MCX Nickel Resistance 1 1032.03
MCX Nickel Resistance 2 1042.47
MCX Nickel Resistance 3 1053.33

Today till now @ 16-07-2020 18:00:05 MCX Nickel trading at 1009.9 with high of 1018.6 and low of 1002.8

Yesterday MCX Nickel Closed at 1021.6 with low of 1010.3 and High of 1031.6

This report is published by www.spidersignals.com using AI & Deep learning analysis

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