Buy Nickel Above 1438 SL Below 1430 TGT 1450/1455 - Axis Securities
Nickel
MCX Nickel price has given a bullish breakout from falling trend line, price is ed to trade positively. Sustaining above 1438 would push the price higher towards 1450/1455 levels intraday. The momentum indicator RSI is trading at 68 and it is forming higher highs which is a bullish sign for the prices.
BUY NICKEL ABOVE 1438 SL BELOW 1430 TGT 1450/1455
Silver
MCX Silver price has given a bullish breakout from ascending triangle pattern, price is expected to trade positively. Sustaining above 64000 would push the price higher towards 64700/65000 levels intraday. The price has started trading above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY SILVER ABOVE 64000 SL BELOW 63500 TGT 64700/65000
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