Nickel's main support and resistance levels are charted. *Herewith I just shared my view. Please trade with your own and comfortable ideas.*
In 15MIN CHART IF CROSS 1226 then it may show a clear breakdown. DISCLAIMER--> Look through Technical analysis we can predict the best case scenerio. I am doing my best. And one important request is for you that dont try to fight with a market and DON'T TRY TO GAMBLE. LEARN THE CONCEPTS. Note:_ Keep follow the levels. This is purely for study purpose....
According to this chart, nickel is further advance. Once it breaks the hurdle, it will start marching for 1260 - 1280 - 1300 levels. Hurdle: 1236 Whenever it hits the hurdle level, what will happen? Here, it will act as resistance. We may see reversal up to the support line ( 1212 - 1180 ). Short-term investors can continue position for the above targets.
NICKEL (30m) formed Flag pattern. Perfectly taking support from the top line. Put stop loss there.
Nickel formed descending channel pattern. As long as prices remain within the descending channel, the downward trend in price can be expected to continue. The direction of the break will determine whether it’s a continuation or a reversal . Trade with stoploss (Trading is probability).
According to this chart, MCX Nickel is making a double top chart pattern. It's at risk of a bearish trend after double top formation. Wherein the first top at 1158.4 level, and the second top can be between the range of 1160 - 1176 . If it's a second top, nickel will make a large false break pin bar here. That might be up to the 1176 level. Afterward, the...
Nickel Weekly Chart Analysis Forecast View. Nickel Day per day high to high price come, but I think now nickel crate soon sell setup this 1180 more than 1360 level any level under Nickel soon the big fall..... . Long Trader Good Sell setup level 1270 to 1360 . Good luck Guys
Nickel buy trend double bottom edge pattern. put your own stoploss target - 5 to 9 points (trading is probility)
Nickel tried to break wedge on long side. Could try again tomorrow if it does so successfully. Horizontal Lines are TP1 - TP2 - TP3 - TP4 respectively. Insta - cheese.papi_
Nickel Good Buy level 1050 Target Price 1070 Stop Price 1030
TRIPLE BOTTOM BREAKOUT IN NICKEL INITIATING A BY TRADE WITH SL BELO 1095
Nickel can be bought with monthly Closing basis SL of 1070 for a target of 1240 Views are for educational purpose only