MCX Nickel Trend - Support and Resistance Levels


Overall MCX Nickel Trend for today, tomorrow, current & next week and month

Last Update: 26/05/22

Trend

Signal

Intraday

Down Trend

Short Term

Down Trend

Long Term

Down Trend

Below nickel trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are very important market turnaround reversal or breakout levels to lookout for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit - entry or entry - exit. These forecast are valid from intraday to short term to long term.

MCX Nickel Trend Today


MCX nickel is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

Nickel Price Trend Chart

MCX Nickel Trend

Intraday Nickel Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

2304

2304

2304

2304

2304

Sell below

2304

2304

2304

2304

2304

We also expect the commodity nickel futures to react on the below support and resistance levels for today.

Intraday Nickel Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

2304

2304

2304

Intraday Nickel Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

2304

2304

2304

Earnometer Nickel


Below earnometer nickel power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Nickel Levels

Price

Three Days Before High

2501.1

Two Days Before High

2400

Yesterdays High

2304

Pivot

2304

Yesterdays Low

2304

Two Days Before Low

2400

Three Days Before High

2465

Earnometer Nickel Update:

Earnometer Nickel

Important Intraday Nickel Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

1574

4MH

Four Month before High

1803.3

3MH

Three Month before High

1958.7

2MH

Two Month before High

5374.7

LMH

One Month before High

2580

CMH

Current Month High

2400

4WH

Four Week before High

2420

3WH

Three Week before High

2580

2WH

Two Week before High

2565

1WH

One Week before High

2400

CWH

Current Week High

2304

PDH

Yesterdays High

2304


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

1501.8

4ML

Four Month before Low

1542

3ML

Three Month before Low

1677.5

2ML

Two Month before Low

1877

1ML

One Month before Low

2420

CML

Current Month Low

2211.9

4WL

Four Week before Low

2420

3WL

Three Week before Low

2510

2WL

Two Week before Low

2465

1WL

One Week before Low

2400

CWL

Current Week Low

2211.9

PDL

Yesterdays Low

2304

Short Term Nickel Trend


According to quant's technical analysis mcx nickel is currently in Down Trend for short term.The below analysis & forecast is valid for tomorrow & current week.

Short Term Nickel Trend

Short Term Nickel Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

2400

2400

2400

2400

2400

Sell below

2400

2400

2400

2400

2400

We also anticipate the commodity nickel futures to respond on the below support and resistance levels for this week.

Short Term Nickel Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

2400

2400

2400

Short Term Nickel Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

2400

2400

2400

Long Term Nickel Price Trend


Long Term Trend - Nickel is currently in Down Trend for long term. The above forecast is valid for current month.

MCX Nickel Long Term Price Trend

Nickel Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

2518.89

2457.77

2549.45

2587.21

2648.33

Sell below

2457.77

2518.89

2427.21

2379.37

2328.33

In addition, we expect the commodity nickel futures to respond on the following resistance and support levels for this particular month.

Long Term Nickel Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

2556.67

2648.33

2716.67

Long Term Nickel Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

2396.67

2328.33

2236.67

Nickel Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



2257.95

2304

Resistance 3 (R3)

2304

2304

2257.95

2304

Resistance 2 (R2)

2304

2304

2280.98

2304

Resistance 1 (R1)

2304

2304

2257.95

2304

Pivot Point

2304

2304

2280.98

2304

Support 1 (S1)

2304

2304

2257.95

2304

Support 2 (S2)

2304

2304

2280.98

2304

Support 3 (S3)

2304

2304

2257.95

2304

Support 4 (S4)



2257.95

2304

Nickel Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



2352

2400

Weekly R3

2400

2400

2352

2400

Weekly R2

2400

2400

2376

2400

Weekly R1

2400

2400

2352

2400

Weekly Pivot Point

2400

2400

2376

2400

Weekly S1

2400

2400

2352

2400

Weekly S2

2400

2400

2376

2400

Weekly S3

2400

2400

2352

2400

Weekly S4



2352

2400

Nickel Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



2832.5

2553

Monthly R3

2716.67

2648.33

2672.5

2509

Monthly R2

2648.33

2587.21

2626.25

2494.33

Monthly R1

2556.67

2549.45

2512.5

2479.67

Monthly Pivot Point

2488.33

2488.33

2466.25

2488.33

Monthly S1

2396.67

2427.21

2352.5

2450.33

Monthly S2

2328.33

2389.45

2306.25

2435.67

Monthly S3

2236.67

2328.33

2192.5

2421

Monthly S4



2032.5

2377

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi commodity exchange of India. Technical trend analysis of nickel is done every day and updated between 9.15 to 9.30 am on daily basis.

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