Buy Nickel Above 1194 SL BELOW 1186 TGT 1209/1215 - Axis Securities
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NICKEL
MCX Nickel price is trading near resistance level of consolidation range, Price is expected to trade positively. Sustaining above 1194 would push the price higher towards 1209/1215 levels in intraday. The momentum indicator RSI is trading at 62 it shows bullishness in the prices.
BUY NICKEL ABOVE 1194 SL BELOW 1186 TGT 1209/1215
NATURAL GAS
MCX Natural gas price is trading under an ascending triangle pattern, Price is expected to trade positively. Any breakout above 187 would push the price higher towards 194/196 levels in intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the Prices.
BUY NATURAL GAS ABOVE 187 SL BELOW 183 TGT 194/196
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