Monday 10 November 2014

CAPITAL STROKE UPDATE 11-NOVEMBER-2014: MCX NICKEL




Trend updated for-Nov/11/2014.CMP-938 Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Nickel is in HOLD SHORT position.Positionally Immediate support for Nickel is 895.Resistance for the Nickel is 947-957-968-1035-1070-1090-

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