MCX Nickel 1 Hour Trend Update 05-08-2020 19:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 05-08-2020 19:00:04 MCX Nickel trading at 1093.5 with high of 1093.7 and low of 1079

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

The MCX Nickel RSI (Relative strength index) 14 is trading at Range and value is 75.3

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is 69.5

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In 1 Hour chart MCX Nickel price continues to trade at 1093.5 and above the (Spider Signals AI Trend ) with value of 1057.95 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if MCX Nickel continues to trade above 1057.95 level, that could be an extraordinarily Bullish sign for MCX Nickel

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The expected trading range for MCX Nickel today is between 1054.93 support and 1074.23 resistance.

Pivot (invalidation): 1064.37

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 1064.37
MCX Nickel Support 1 1054.93
MCX Nickel Support 2 1045.07
MCX Nickel Support 3 1035.63
MCX Nickel Resistance 1 1074.23
MCX Nickel Resistance 2 1083.67
MCX Nickel Resistance 3 1093.53

Today till now @ 05-08-2020 19:00:04 MCX Nickel trading at 1093.5 with high of 1093.7 and low of 1067

Yesterday MCX Nickel Closed at 1064.8 with low of 1054.5 and High of 1073.8

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

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