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Sunday, May 24, 2015

NICKEL UPDATES FOR MAY 24 2015

SUNDAY



WEEKLY UPDATE





Mcx Nickel prices last week was opened at 880 levels and dropped to 810 levels supports for



the commodity is at 795 levels and resistance at 830 levels, trend for the commodity remains



extremely bearish and we expect prices to correct up to its support levels. Sell at current



levels and on rises up to 810 – 815 levels with stops above 830 levels for target 795 any




break below 795 prices is expected to test up to 780 levels.



Weekly Call :



Sell Nickel or Nickel mini between 810 -815




with stops above 830



for target 795




and close below 795



add further shorts with stops at cost for target 780.



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Friday, May 22, 2015

mcx nickel t2 ach at 810 sells at 824-826

mcx zincm t2 ach

NICKEL UPDATES FOR MAY 22 2015

FRIDAY 1.30 PM IST





TRADING CALL GIVEN TO MEMBERS AT 12.45 PM IST





TRADING CALL




Sell Nickel Mini May between Rs 824 to 826



Stop loss above Rs 833



Tgt 817 / 810