MCX Nickel Trend Update 1 Hour 12-05-2020 12:00:05 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 12-05-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 12:00:05 MCX Nickel trading at 933.4 with high of 936 and low of 933

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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 45.3

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is -75.6

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In 1 Hour chart MCX Nickel price continues to trade at 933.4 and below the (Spider Signals AI Trend ) with value of 933.797 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 933.797 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 934.7 support and 947.6 resistance.

Pivot (invalidation): 939.8

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 939.8
MCX Nickel Support 1 934.7
MCX Nickel Support 2 926.9
MCX Nickel Support 3 921.8
MCX Nickel Resistance 1 947.6
MCX Nickel Resistance 2 952.7
MCX Nickel Resistance 3 960.5

Today till now @ 12-05-2020 12:00:05 MCX Nickel trading at 933.4 with high of 939.6 and low of 931.7

Yesterday MCX Nickel Closed at 942.5 with low of 932 and High of 944.9

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

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