Wednesday 13 August 2014

CAPITAL STROKE UPDATE 14-August-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY SELL ON HIGH R2-1165 R1-1150 S1-1120 S2-1105
The Nickel is in long- term bull phase .Currently Nickel is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 1107-.Resistance for the Nickel is 1144-1145-1149-

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