NICKEL will touch 1048 by 8.30 PM today
1. IF breakout, trade on the short side using the high of the breakout candle as SL 2. IF the neckline is rejected and there exist a bullish div in 2HR chart, take a long position on the next candle on confirmation of the rejection
NICKEL near trendline support . can buy around 977- 980 with a stoploss of 973.00
Nickel Fut July CMP 992 Buy for Target 996- 1000- 1004- 1008- 1011- 1020- 1029+ Sl candle closing Basis 989
Nickel Supply zone @ 1016-1019.5 (Shorting level) Targets - 1015- 1012- 1009- 1005+
Chart is self explanatory!
THERE ARE 2 ZONES FOR LONG. ABOVE ZONE IS FOR TYPE 3 ENTRY. BELOW ZONE IS FOR TYPE 1 ENTRY LONG
Nickel has formed Inverse Head and Shoulder and have broke out once and retested again. Nickel is again crossed 975 and is ready for a upmove till 1050-1080. PS: Views are for educational purpose only.
Nickel fut CMP 996.5 Short for Target 993- 990- 986 - 984- 980- 976+
NICKEL LONG DEMAND ZONE PRICE ACTION
We can go for buy and sell after reach the level ..Stay alert from 9.30 am to 10.00 am for daily posts
We can go for buy and sell after reach the level ..Stay alert from 9.30 am to 10.00 am for daily posts sorry for the late .. i forget to press the publish button
We can go for buy and sell after reach the level ..Stay alert from 9.30 am to 10.00 am for daily posts
We can go for buy and sell after reach the level ...For 25 points of daily profit regularly follow my post .. from 9.30 am to 10.00 am i will update
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valid & Fake break out can be identified by RSI and other indicators