MCX Nickel 1 Hour Trend Update 23-12-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 23-12-2020 12:00:05 MCX Nickel trading at 1258 with high of 1261.9 and low of 1257

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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 OverSold and value is 28.7

The MCX Nickel CCI (Commodity Channel index) 14 is trading at OverSold and value is -101.7

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In 1 Hour chart MCX Nickel price continues to trade at 1258 and below the (Spider Signals AI Trend ) with value of 1294.19 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 1294.19 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 1246.67 support and 1296.27 resistance.

Pivot (invalidation): 1277.43

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / Resistance Values
MCX Nickel Pivot 1277.43
MCX Nickel Support 1 1246.67
MCX Nickel Support 2 1227.83
MCX Nickel Support 3 1197.07
MCX Nickel Resistance 1 1296.27
MCX Nickel Resistance 2 1327.03
MCX Nickel Resistance 3 1345.87

Today till now @ 23-12-2020 12:00:05 MCX Nickel trading at 1258 with high of 1266.3 and low of 1252.6

Yesterday MCX Nickel Closed at 1265.5 with low of 1258.6 and High of 1308.2

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

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