CAPITAL STROKE UPDATE 26-May-2016 MCX Nickel

Trend updated for-May/26/2016.CMP-562 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 . 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 560.Resistance for the Nickel is 578-583-585-587-589-598- For more details visit: http://www.capitalstroke.com/ or contact on - 09770570009, 09770670009 JOIN US TODAY AND TAKE SURE SHORT TRADING TIPS HURRY UP!!!