Buy Nickel Around 1445 SL Below 1440 TGT 1450/1455 - Axis Securities
NICKEL
Nickel prices gave a gap down opening and it closed on a flat note near 1465 level. Today morning also we are expect gap down opening in Nickel. As per the technical chart strong support is seen around 1445 level which is a previous breakout zone for prices. Traders can buy Nickel around the mentioned level for the target of 1450 on intraday basis.
BUY NICKEL AROUND 1445 SL BELOW 1440 TGT 1450/1455
NATURAL GAS
Natural gas prices gave a gap up opening in last session but it failed to sustain higher near the mentioned level and closed around 343 level. On hourly chart prices has formed bearish harmai candle stick pattern wich is a reversal candlestick pattern. Traders can sell Natural gas on rise around 346 for the target of 343 on intraday basis.
SELL NATURAL GAS AROUND 346 SL ABOVE 349 TGT 343/340
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