NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1065 R1-1050 S1-1020 S2-1010
Overall trend of the Nickel is bearish for medium-long term .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 SELL position.Positionally Immediate support for Nickel is 1027.Resistance for the Nickel is 1109-1131-1134-1139-1141-1143-
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