Buy Nickel Above 1188 SL BELOW 1180 TGT 1200/1205 - Axis Securities
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NICKEL
MCX Nickel price has seen pullback after forming supports near the trend line, price is expected to trade positively. Any breakout above 1188 would push the price higher towards 1200/1205 levels in intraday. The price has well placed above 21&60 hourly MA which is a bullish sign for the Prices.
BUY NICKEL ABOVE 1188 SL BELOW 1180 TGT 1200/1205
NATURAL GAS
MCX Natural gas has given positive divergence, price is expected to trade positively. Sustaining above 192 would push the price higher towards 198/202 levels in intraday. The momentum indicator RSI is trading at Pt ed 48 it has given positive divergence.
BUY NATURAL GAS IN THE RANGE OF 192 .191.50.SL BELOW 187 TGT 198/202
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