Phoenix Criminal Lawyer

NICKEL UPDATES FOR DEC 21 2014

SUNDAY

 

WEEKLY UPDATE

 

Mcx Nickel prices dropped last week to test a low of 960 levels and recovered back

 

to 990 levels , trend for the commodity remains bearish and we expect prices to test

 

once again back to 950 levels, but sell on rises is the best bet ,

 

sell nickel between 998 – 1002 with stops above 1014 for 980 levels as targets.

 

Weekly Call :

 

1) Sell Nickel on rises between 998 – 1002

 

with stops above 1014

 

for target 980.

 

2) Sell Nickel only below 974

 

with stops above 992

 

for target 950.

 

mcx copper t1 ach at 403.5 sells at 405.2-405.6

mcx nickel t2 almost ach at 961, cmp 961.5 book full profits/sells at 978-980

mcx nickelm  dect1 ach at 968 sells at 978-980

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