Sell Nickel Below 1494 SL Above 1505 TGT 1480/1475 - Axis Securities
NICKEL
MCX Nickel price has given a negative breakout from strong support level, i Price is expected to trade negatively. NICKEL HOURLY CHART Sustaining below 1494 would drag the 1880 price lower towards 1480/1475 in Pee intraday. The price has started rtrading below 9,21&60 hourly EMA 1830 which is a bearishness for the prices.
SELL NICKEL BELOW 1494 SL ABOVE 1505 TGT 1480/1475
COPPER
MCX Copper price is trading inside the consolidation range, price is expected to trade negatively. Any break down below 743 would drag the price lower towards 737/735 levels in intraday. The price has been trading below 60&100 hourly EMA which is a bearishness in the prices.
SELL COPPER BELOW 743 SL ABOVE 747 TGT 737/735
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