MCX Nickel Tips for Today


The below MCX nickel tips & technical levels charts are updated at 9.30 am everyday based on the previous days data of the mcx nickel and today's open price which is fetched from our server. Based on the quant's advanced camarilla equation and today's mcx nickel open we have plotted the possible reversal and break out levels tips. Please use the levels and charts below for trading purposes.

​Last Updated:  25-01-2023

Long & Short Reversal Tips for Nickel MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

1830

1830

1830

1830

1830

Sell below

1830

1830

1830

1830

1830

Long & Short Breakout Tips for Nickel MCX, INDIA

Signal

Entry

Stop Loss

Target 1

Target 2

Breakout Buy above

1830

1830

1830

1830

Breakout Sell below

1830

1830

1830

1830

For your easy understanding we have plotted the above reversal and breakout level scenarios explanation in a easy readable charts below with entry, targets and stop loss.

Intraday Nickel Commodity Tips Chart


MCX Nickel Tips

The Equation involves two types of trading one with the trend and one against the trend, the important levels to note are the L3 and H3 levels, where you may expect a reversal to occur (Research shows that reversals from L3 and H3 happen as often as 4 out of 5 times – 80% during intraday trading. ), and the L4 and H4 levels where you may expect a major breakout to occur.

Live Intraday Tips : Camarilla levels & mcx nickel target for today 25-01-2023

H6

1830

Target 2

H5

1830

Target 1

H4

1830

Long Break Out

H3

1830

Go Short / Sell Below

H2

1830

H1

1830

Pivot

1830

Pivot

L1

1830

L2

1830

L3

1830

Go Long / Buy Above

L4

1830

Short Breakout

L5

1830

Target 1

L6

1830

Target 2

How to Trade the Free MCX Nickel Tips


Trading is done on the basis of open of the commodity. Depending on the open price of nickel there can be five different scenarios occurring. Each scenario is discussed in a very detailed manner below.

  • SCENARIO 1
  • SCENARIO 2
  • SCENARIO 3
  • SCENARIO 4
  • SCENARIO 5

When the open of mcx nickel is between H3 : 1830 and L3: 1830


  To Enter Long Position (BUY)


Wait for the price to go below 1830 and again when the rate moves back above 1830 Go Long. Stop loss can be placed at 1830

Targets will be Target 1 : 1830, Target 2 : 1830, Target 3 : 1830


  To Enter Short Position (SELL)


Wait for the price to go above 1830 and again when the rate moves back below 1830 Go Short. Stop loss can be placed at 1830


Targets will be Target 1 : 1830, Target 2 : 1830, Target 3 : 1830

About Camarilla Pivot Point Intraday Trading Strategy :

Camarilla pivot point ( mean reversion ) is a very popular intraday trading strategy still used by many traders which has an astounding accuracy with consistent performance.

Camarilla pivot point theory is an advanced form of the existing normal classical pivot point strategy founded by Nick scott a very successful bond trader in end of 1980’s It is highly accurate for trading high beta stocks and commodities. The Equation works on thesis that price most of the time has tendency to revert to its mean.

Short Term - Only Nickel Tips


Free Nickel Tips

Short term levels are calculated based on the previous week mcx nickel open high low close. Here today's open doesn't play a major role, henceforth use the levels calculated below for possible reversal and break outs for your short term positional trading.

H6

1830

TGT 2

H5

1830

TGT1

H4

1830

Long Break Out

H3

1830

Go Short / Sell Below

H2

1830

H1

1830

Pivot

1830

Pivot

L1

1830

L2

1830

L3

1830

Go Long / Buy Above

L4

1830

Short Breakout

L5

1830

TGT 1

L6

1830

TGT 2


Short Term Nickel Buy & Sell Reversal Tips

Signal

Entry

Stop Loss

Target 1

Tgt 2

Tgt 3

Short Term Buy above

1830

1830

1830

1830

1830

Short Term Sell below

1830

1830

1830

1830

1830

Short Term Nickel Buy & Sell Breakout Tips

Signal

Entry

Stop Loss

Tgt 1

Tgt 2

Short Term Breakout Buy above

1830

1830

1830

1830

Short Term Breakout Sell below

1830

1830

1830

1830

Commodity Nickel Trading Tips



We master in reversal and break out levels price analysis and prediction. Get the powerful reversal and breakout level Free MCX Tips for the 16 major commodities listed on the multi commodity exchange of India. Technical levels & free tips of the mcx base metal nickel are updated every day.