MCX Nickel Trend Update 1 Hour 08-05-2020 22:00:04 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 08-05-2020 22:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 22:00:04 MCX Nickel trading at 928 with high of 931.8 and low of 927.8

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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 42.8

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is -91.7

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In 1 Hour chart MCX Nickel price continues to trade at 928 and below the (Spider Signals AI Trend ) with value of 929.504 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 929.504 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 922.6 support and 937.4 resistance.

Pivot (invalidation): 931.5

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 931.5
MCX Nickel Support 1 922.6
MCX Nickel Support 2 916.7
MCX Nickel Support 3 907.8
MCX Nickel Resistance 1 937.4
MCX Nickel Resistance 2 946.3
MCX Nickel Resistance 3 952.2

Today till now @ 08-05-2020 22:00:04 MCX Nickel trading at 928 with high of 936.2 and low of 926.2

Yesterday MCX Nickel Closed at 928.5 with low of 925.6 and High of 940.4

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

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