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Monday, April 14, 2014

MCX NICKEL UPDATES FOR APRIL 14 2014

MONDAY

WEEKLY UPDATE

Mcx Nickel is trading in the positive territory for more than

 three weeks and it has broken its crucial resistance of say 1000 rs 

last week and closed at 1050 levels, buy on dips is the good strategy

 because we expect prices to continue its bull run till 1080 to 1100 levels.

Weekly Call :



Buy nickel at cmp 1055

 and add further on dips up to 1042

 with stops below 1022 

for targets 1085 and 1100.