MCX Nickel Report: 17th October 2019

By: Admin
4 weeks ago
4930

Insignia Consultants

New Delhi

Thursday, 17 October 2019

TIME 10:17 AM IST                       

 ----------------------------------------------------------------------------------------------------------------

MCX NICKEL REPORT

MCX Nickel needs to trade over 1160-1170 zone for the rest of the month rise to 1270 and 1330. Short term bearish trend will be there if MCX nickel trades below 1160 for a few days. I will prefer to use any five percent correction (if any) from here to invest for the short term.

Nickel October 2019: (previous day close/CMP Rs.1188.40):

Small sell off below: 1169.00

Quick rise over: 1206.30

  • Crash will be there below 1179.10 to 1146.20 and 1116.00
  • Nickel needs to trade over 1206.30 to be in bullish zone.

 

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. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

Insignia Consultants does not have any branches in India.

Insignia Consultants does not have any marketing agents in any city in India.

NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

Follow us on Twitter @insigniaconsul1

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

You can also download our Android App for these updates :

Insignia Tips Android App (https://play.google.com/store/apps/details?id=com.insignia&hl=en)

For live Updates You can also join our

TELEGRAM CHANNEL (https://t.me/goldsilverinr)

For Full Reports and live trading calls please Call / Whatsapp 9311139549.

 or mail to insigniacommodity@gmail.com

For todays Full report Please paytm using the barcode below: