mcx nickel future outlook for 9 to 13 may 2016

 

mcx nickel future outlook for 9 to 13 may 2016

Mcx nickel future this week closed with loss. This was first losing week after third week of gain for this base metal.

 

For next week, mcx nickel future outlook remain bearish and below 605 strategy remain sell on rise. On downside 575 and 520 are tgt zones.

 

If sustain above 605 then it will be buying opportunity and reversal signal for tgts 658 and 687.

 

 

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