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Sunday, November 9, 2014

NICKEL UPDATES FOR NOV 9 2014

SUNDAY

WEEKLY UPDATE


Mcx Nickel prices was highly volatile and finally closed below 950 levels ,

thus confirming bearish trend strong resistance for the commodity is now

at 975 levels and supports at 930 910 and 900.We expect prices to drop

up to 900 levels in the days to come with stops above the given resistance.

Weekly Call :

Mcx Nickel sell on rises between 946 – 952

with stops above 975

For targets 925, 910 and 900.