Sell Nickel Around 1450 SL Above 1455 TGT 1445/1442 - Axis Securities
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Nickel
Nickel prices edged higher in last session and closed around 1444 level on intraday basisl Strong resistance in Nickel can be seen around 1450 level where also upper bollinger band lies. Traders may sell Nickel around 1450 level for the target of 1445 level on intraday basis.
SELL NICKEL AROUND 1450 SL ABOVE 1455 TGT 1445/1442
Zinc
Zinc prices traded sideways in last trading session. On hourly chart it closed above 9 and 20 days EMA and RSI is hovering between 40 and 60 level. Traders can buy Zinc around 246 on dips for the target of 247 on intraday basis
BUY ZINC AROUND 246 SL BELOW 245 TGT 247/248
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