Showing posts with label mcx nickel. Show all posts
Showing posts with label mcx nickel. Show all posts
MCX Nickel buying and selling forecast and methods updated for 08th February 2016, Monday.
MCX Nickel witnessing selling pressure from trend line resistance zone as shown in above image this will favor bears as long as it holds below.
If nickel falls further then on down side it will find strong trend line support at its previous bottom. If it woun`t take that support and closes below 542 then further weakness can be seen in coming days.
Suggested reading - Click to read article on Different methods of buying and selling.
MCX Nickel free mcx chart and commodity tips updated for 10th November 2015, Tuesday.
MCX nickel witnessing selling pressure from strong trend line resistance zone this will favor bears as long as it holds below.
On down side will find support at its previous bottom @ 633.50, further weakness can be seen once it closes and holds below 633.50.
Intraday Nickel looks weak below 633.50, will find support around 628, 625.
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MCX Nickel technical analysis chart updated on 30th April 2015, Thursday.
MCX Nickel moving up from support zone as shown in above graph, technical indicates bulls will be favored as long as it holds above its support zone.
On upper side Nickel can see further price rise once it closes and holds above its trend line resistance as shown in above image.
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MCX NICKEL finding strong trend line support at current levels @ 862, further price fall can be seen once it closes and holds below.
MCX - NICKEL
Charts updated for - 23rd February 2015.
NICKEL Trading Tips Technical Analysis Chart Graph forecast- Nickel is currently stuck in a range bound zone, no clear direction so far, Sharp move expecting once it comes out from its range. (Updated on 11th September 2014, Thursday).
NICKEL (MCX)
- As per previous report published, Nickel gave a small bull move after breaking its resistance @ 1195 and made a high around 1204. (Click here to see previous report published on NICKEL-MCX).
- Now as per current technical chart no1, Nickel closed above its strong reistance @ 1195 and made a bullish breakout but stock failed to sustains above and fell down from next trading day hence made a false breakout.
- Also See - MCX NATURAL GAS has formed double bottom formation, will favor bulls once closes above trend line resistance.
- As per graph no2, Nickle has now again entered in range bound zone, so as long as trades in between its range trend will remain zia zag. Sharp move expecting once Nickel comes out from its range. Levels to watch out resistance around 1204 and support around 1110. Any side breakout can bring strong action. Close Watch.
- Suggested Reading - National saving certificate of India.
- As per chart no3, Nickle is holding its 100 days moving average, previously Nickle bounce back from 100 DMA, close watch as long as trades above bulls will be favored, once it closes below 100 DMA bears may get active.
- Click here to see all the trading reports (trading tips) published by us on MCX NICKEL.
- Free trading tips.
MCX NICKEL Trading Tips Technical Analysis Chart Graph forecast - Nickel facing strong golden ratio resistance, If closes above will favor bulls. (Updated On 08th August 2014, Friday).
MCX NICKEL 1 KG 1 MONTH
- MCX NICKEL currently facing strong golden ratio fibonacci retracement and strong trend line resistance around 1195 , technical chart indicates once Nickel closes above its golden ratio and stays above then Nickel looks good for next 1-2 days.
- Close watch intraday we can see some action once Nickel starts trading above 1195.
- Suggested Reading - Weakness expecting if MCX CRUDE OIL Closes below 5933.
- Daily chart also indicates Nickel trading above 20 days moving average, as long as hold above Nickel will favor bulls.
- Weekly chart indicates Nickel moving up from strong 50% fibonacci retracement support (as shown above in weekly chart) that too will favor bulls.
- Click here to see all the trading reports (trading tips) published by us on MCX NICKEL.
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