MCX Nickel 1 Hour Trend Update 06-08-2020 11:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 06-08-2020 11:00:05 MCX Nickel trading at 1103 with high of 1103.7 and low of 1102.1

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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 67.3

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is 110.1

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In 1 Hour chart MCX Nickel price continues to trade at 1103 and above the (Spider Signals AI Trend ) with value of 1067.06 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 1067.06 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 1062.67 support and 1107.07 resistance.

Pivot (invalidation): 1087.03

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 1087.03
MCX Nickel Support 1 1062.67
MCX Nickel Support 2 1042.63
MCX Nickel Support 3 1018.27
MCX Nickel Resistance 1 1107.07
MCX Nickel Resistance 2 1131.43
MCX Nickel Resistance 3 1151.47

Today till now @ 06-08-2020 11:00:05 MCX Nickel trading at 1103 with high of 1103.7 and low of 1089.5

Yesterday MCX Nickel Closed at 1082.7 with low of 1067 and High of 1111.4

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

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