Wednesday, 20 August 2014

CAPITAL STROKE UPDATE 21-August-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1160 S1-1130 S2-1110
The Nickel is in long- term bull phase .Currently Nickel is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 1108-.Resistance for the Nickel is 1141-1144-1145-1148-

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