NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-990 R1-975 S1-945 S2-930
Overall trend of the Nickel is bearish for medium-long term.Currently Nickel is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Nickel is 946.Resistance for the Nickel is 1015-1024-1054-1101-1119-1120-
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