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Sunday, October 9, 2016

NICKEL UPDATES FOR NOV 9 2016

SUNDAY


WEEKLY UPDATE


Mcx Nickel last week recovered from 660 levels to test a


 high of 692 levels but prices was not able to sustain at higher


 levels and dropped back to close at 680 levels, immediate 


supports for the commodity is at 670 – 660 , 


resistance for the commodity is at 690 – 700


 sell at current levels and on rises is advisable.


Weekly Call :


Sell Mcx Nickel  between 681 – 684 


with SL above 695 


for targets 670 – 660.


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