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Sunday, November 22, 2015

NICKEL UPDATES FOR NOV 22 2015

SUNDAY



WEEKLY UPDATE



Mcx Nickel was trading extremely bearish both in mcx and Lme , trend for the commodity



looks very bearish and we expect prices to correct immediately up to 567 levels



(as per our mid week review), and any close below 567 then further correction is



expected up to 540 levels,



sell on rises is advisable.



Weekly Call :




Sell Mcx Nickel only on rises between 580 – 585



with SL above 595



for target 567.




any close below 567 add further shorts with Stops at cost for further targets 550 and 540.




We have introduced 2 new schemes




1. We provide you with trading calls and you will trade




For which we charge a Fee



2. We can open a trading account in your name and we trade on your behalf




As we are closely monitoring the market we feel we will be able to



trade more profitably than you .



The profits will be shared 80 : 20



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