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Sunday, October 26, 2014

NICKEL UPDATES FOR OCT 26 2014

SUNDAY

WEEKLY UPDATE

Nickel last week dropped from 965 to close at 910 levels, consecutive third 

week fall , in weekly charts it has already broken and closed below its strong

 supports 950, now interim support for the commodity is at 910 levels, 

close below 910 we expect further correction to take place and prices may

 drop to 860 to 850 levels..

Weekly Call :

Sell nickel only below 905 

With stops above 935

 for tgt 860.