NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1155 R1-1140 S1-1115 S2-1105
The Nickel is in long- term bull phase .Currently Nickel is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 1117-.Resistance for the Nickel is 1141-1142-1143-1147-
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