Tuesday 4 November 2014

CAPITAL STROKE UPDATE 5 November 2014 : MCX NICKEL





NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-965 R1-950 S1-925 S2-910
Overall trend of the Nickel is bearish for medium-long term .Currently Nickel is moving sideways The oscillator is on BUY Signal and Nickel is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Nickel if it close above1020 or buy with strict stop at 895. The oscillator is on BUY Signal and Nickel is recovering from oversold level For short term Nickel is in HOLD LONG position.Positionally Immediate support for Nickel is 895.Resistance for the Nickel is 946-952-980-1050-1081-1096-

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