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Sunday, March 29, 2015

NICKEL UPDATES FOR MARCH 29 2015

SUNDAY



WEEKLY UPDATE




Mcx Nickel prices dropped heavily in local market to test its crucial supports at 850 levels



and closed at 830 levels we expect further correction to takes place to test 795 levels



in the days to come out of all base metals nickel looks extremely bearish sell at current



levels and on rises is the best bet.



Weekly Call :



Sell Mcx Nickel at cmp 830 levels



and on rises up to 836



with stops above 850 levels



for targets 805 and 795.