NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1145 R1-1130 S1-1105 S2-1090
Trend updated for-Sep/12/2014.CMP-1118 Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is in 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 BUY signal For short term The current position is BUY .Positionally Immediate support for Nickel is 1112.Resistance for the Nickel is 1143-1144-1148-1151-1152-1157-
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