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Sunday, March 1, 2015

NICKEL UPDATES FOR MARCH 1 2015

SUNDAY


WEEKLY UPDATE


Nickel prices last week jumped from 870 to 899 levels and was not able to gain


momentum and dropped back to 872 levels very storng and crucial supports at 862 levels ,


any breakdown below 862 levels will have a sharp correction up to 830 to 825 levels .


over all trend for the commodity remains sideways to bearish.



Weekly Call :



Sell Mcx Nickel only below 862


and add further on rises up to 866


with stops above 880


for targets 835 and 826 levels.