Buy Nickel Around 1455 SL Below 1450 TGT 1460/1465 - Axis Securities
NICKEL
Nickel prices is edged lower in last trading session after prices broke the immediate support zone of 1477 and drifted lower towards 1455 level on intraday basis. On hourly chart Nickel has formed doji candle stick pattern followed by a green candle which indicate possible reversal for price. Traders can buy Nickel around 1455 on dips for the target of 1460 on intraday basis.
BUY NICKEL AROUND 1455 SL BELOW 1450 TGT 1460/1465
CRUDE OIL
Crude oil prices corrected in last trading session after it failed to sustain near the immediate resistance zone of 5200 and corrected down till 5050 level. On hourly chart RSI has taken support around 40 level mark and has bounced back indicating possible reversal from the current zone. Traders can buy Crude oil around 5060 for the target of 5090 on intraday basis
BUY CRUDE OIL AROUND 5060 SL BELOW 5030 TGT 5090/5120
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