MCX Nickel Trend Update 1 Hour 16-10-2020 15:00:07 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 16-10-2020 15:00:07 by Spider Signals Call Now 9389717003 / 6399968940

At 16-10-2020 15:00:07 MCX Nickel trading at 1141.5 with high of 1143.1 and low of 1140.2

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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 OverBought and value is 67.3

The MCX Nickel CCI (Commodity Channel index) 14 is trading at OverBought and value is 221.6

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In 1 Hour chart MCX Nickel price continues to trade at 1141.5 and above the (Spider Signals AI Trend ) with value of 1120.16 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 1120.16 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 1120.8 support and 1137.9 resistance.

Pivot (invalidation): 1128.7

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / ResistanceValues
MCX Nickel Pivot 1128.7
MCX Nickel Support 1 1120.8
MCX Nickel Support 2 1111.6
MCX Nickel Support 3 1103.7
MCX Nickel Resistance 1 1137.9
MCX Nickel Resistance 2 1145.8
MCX Nickel Resistance 3 1155

Today till now @ 16-10-2020 15:00:07 MCX Nickel trading at 1141.5 with high of 1143.8 and low of 1130

Yesterday MCX Nickel Closed at 1130 with low of 1119.5 and High of 1136.6

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

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