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Thursday, February 16, 2017

NICKEL UPDATES FOR FEB 16 2017

THURSDAY




TRADING LEVELS FOR MORNING SESSION



MCX NICKEL




SUPPORT 1 712.50



SUPPORT 2 699.50



SUPPORT 3 686.60




RESISTANCE 1 742




RESISTANCE 2 757



RESISTANCE 3 771



WAIT FOR CONFIRMATION .



Mcx Nickel currently trading at Rs 734.20




Immediate resistance seen at Rs 743



Support AT Rs 728



Trend remains positive





Downside support seen at Rs 398\



Break below this will see a sharp decline





We will keep updating in our blog .



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