MCX Nickel Trend Update 1 Hour 02-12-2020 17:00:05 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 02-12-2020 17:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 02-12-2020 17:00:05 MCX Nickel trading at 1204.9 with high of 1207.9 and low of 1203.5

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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 43.6

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is -108.2

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In 1 Hour chart MCX Nickel price continues to trade at 1204.9 and below the (Spider Signals AI Trend ) with value of 1208.66 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 1208.66 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 1200.03 support and 1221.13 resistance.

Pivot (invalidation): 1208.87

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / ResistanceValues
MCX Nickel Pivot 1208.87
MCX Nickel Support 1 1200.03
MCX Nickel Support 2 1187.77
MCX Nickel Support 3 1178.93
MCX Nickel Resistance 1 1221.13
MCX Nickel Resistance 2 1229.97
MCX Nickel Resistance 3 1242.23

Today till now @ 02-12-2020 17:00:05 MCX Nickel trading at 1204.9 with high of 1216.5 and low of 1202.5

Yesterday MCX Nickel Closed at 1212.3 with low of 1196.6 and High of 1217.7

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

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