New Delhi
Wednesday, January 30, 2019
TIME 9:12 AM
IST
------------------------------------------------------------------------------------------------------------------------
MCX NICKEL
REPORT
Chinese markets will be closed from next week. All
industrial metals can see very sharp two way moves anytime.
TECHNICAL
VIEW
Nickel
January 2019: (previous day close/CMP Rs.871.00):
Bullish
over 840.50 with 888.00 and 925.00 as price target.
Bearish
below 828.50 with 819.10 and 809.10 as price target.
One Support:
855.80
One Resistance:
888.00
o
Nickel can rise to 910 as long as it trades over 858.
o
Small sell off will be there below 858.
Disclaimer: Any opinions as to the commentary, market
information, and future direction of prices of specific currencies, metals and
commodities reflect the views of the individual analyst, In no event shall
Insignia Consultants or its employees
have any liability for any losses incurred in connection with any
decision made, action or inaction taken by any party in reliance upon the
information provided in this material; or in any delays, inaccuracies, errors
in, or omissions of Information. Nothing in this article is, or should be
construed as, investment advice. Website www.insigniaconsultants.in.
Prepared by Chintan Karnani
"Print this report only if absolutely
necessary. Save Paper. Save Trees."
NOTES TO THE ABOVE
REPORT
ALL VIEWS ARE INTRADAY
UNLESS OTHERWISE SPECIFIED
UK session starts around 1:00 pm Indian
Standard Time (+5:30 GMT)
US session starts at 6pm pm Indian Standard
Time (+5:30 GMT)
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY
CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA
DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS
OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN
RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT
IS THE TIME OF COMPLETION OF REPORT
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