Wednesday 30 March 2016

CAPITAL STROKE UPDATE 31-Mar-2016 : MCX NICKEL

Trend updated for-Mar/31/2016.CMP-558 Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Nickel Noting point is selling at lower levels seems decreasing. The Nickel is now trading in oversold level. The Nickel is now trading in oversold level. The oscillator is showing SELL signal For short term Nickel is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Nickel is 554.Resistance for the Nickel is 579-580-583-587-589- For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 JOIN US TODAY AND TAKE SURE SHORT TRADING TIPS HURRY UP!!!

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