MONDAY
WEEKLY UPDATE
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.