MCX Nickel Report: 16th August 2019

By: Admin
18490

Insignia Consultants

New Delhi

Friday, 16 August 2019

TIME 9:07AM IST                          

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MCX NICKEL REPORT

If nickel rises till 23rd August, then chances of 1300 and 1470 will be very high. Corrections upto 1069 will be a part of the long term bullish trend. Technically bullish.

Nickel August 2019: (previous day close/CMP Rs.1149.70):

  • Nickel needs to over 1140 to rise to 1170 and 1200.
  • Crash will be there below 1100.

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

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NOTES TO THE ABOVE REPORT

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