SUNDAY
WEEKLY UPDATE'
Mcx Nickel after a long consolidation between 550 – 580 levels last week given a breakout
and closed at 592 levels immediate resistance for the commodity is now at 600 levels
and supports for the commodity is at 572 levels any clear breakout above 600 levels
we expect prices to jump up to 635 – 645 levels.
Weekly Call :
Buy Mcx Nickel only on breakout above 600
and add further on dips up to 595
with SL below 572
for targets 635 and 645.
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