Sunday 17 August 2014

CAPITAL STROKE UPDATE 18-August-2014 : MCX NICKEL




NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1160 R1-1145 S1-1115 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 SELL signal For short term Nickel is in HOLD LONG position.Positionally Support for the Nickel is 1108-.Resistance for the Nickel is 1141-1144-1145-1148-

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