SUNDAY
WEEKLY UPDATE
Mcx Nickel prices was trading in the range between 750 – 790 , out of all the base metals nickel looks extremely
bearish and any close below 750 levels we expect prices to correct further up to 680 levels, strong resistance
for the commodity is now at 780 levels sell only below 750 is advisable.
Weekly Call :
Sell Nickel or Nickel mini only on a close below 750
and add further on rises up to 756
with stops above 780
for targets 710, 695 and 685.(Positional)
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