Buy Nickel Above 1202 Sl Below 1192 TGT 1215/1220 - Axis Securities
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NICKEL
MCX Nickel price is trading under an ascending triangle pattern, price is expected to trade positively. Any breakout above 1202 would push the price higher towards 1215/1220 levels in intraday. The price has well placed above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY NICKEL ABOVE 1202 SL BELOW 1192 TGT 1215/1220
ALUMINIUM
MCX Aluminium price is trading near strong resistance levels, price is expected to trade trade positively. Any breakout above 222 would push the price higher towards 224/224.50 1 Is in intraday.The tum indicator RSI is trading at 65 it shows bullishness in the prices.
BUY ALUMINIM ABOVE 222 SL BELOW 220.50 TGT 224/224.50
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