WEDNESDAY 11.20 AM IST
Sell Nickel Mini Feb between Rs 900.80 to 902.50
Stop loss above Rs 911
Tgt 1 891
Tgt 2 884
We have uploaded a you tube presentation giving a detailed
technical wrap up of all commodities in the MCX .
Trading levels and strategies given
Link provided below
Nickel prices has once again given a breakdown below 890 levels, resistance for the
commodity is now at 890 and supports at 870 levels below 870 we expect prices to
test 850 levels immediately and any weekly close below 850 levels will bring
down the prices back to 795 levels.
Weekly Close :
Sell Nickel only below 870
with stops above 890
for targets 850 levels,
any close below 850 levels,
bring down the stops to cost for targets 825 and 800 levels.