NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-990 R1-975 S1-945 S2-930
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 .. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 946.Resistance for the Nickel is 1011-1017-1047-1098-1116-1118-
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