NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1075 R1-1060 S1-1030 S2-1015
Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 1030-.Resistance for the Nickel is 1054-1094-1117-1128-1130-
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