CAPITAL STROKE UPDATE 24-May-2016 MCX Nickel

Trend updated for-May/24/2016.CMP-564 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 . 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.Positionally Immediate support for Nickel is 561.Resistance for the Nickel is 582-585-587-590-592-601- For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 JOIN US TODAY AND TAKE SURE SHORT TRADING TIPS HURRY UP!!!