SUNDAY
WEEKLY UPDATE
Mcx Nickel after a long range bound trade prices given a breakdown below 580 levels
and closed well below 572 levels, trend for the commodity remains bearish and
we expect prices to test 550 levels with strong resistance above 582 levels,
sell at current levels and on rises is advisable.
Weekly Call :
Sell Mcx Nickel at CMP 572
and on rises up to 575
with SL above 584
for target 560 – 552.
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