NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-970 R1-955 S1-930 S2-920
Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 938-.Resistance for the Nickel is 953-972-1039-1073-1092-
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