NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1165 R1-1150 S1-1120 S2-1105
The Nickel is in long- medium- short-medium- term bull phase .Currently Nickel is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend The oscillator is showing SELL signal For short term Nickel is in SELL position.Positionally Support for the Nickel is 1144-1141-1132-1123-1083-.Resistance for the Nickel is 1159-
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