free mcx nickel trading call 18 nov 2015
mcx nickel future is trading at 603 with flat gains
in base metals, only commodity in green.
on daily chart, trend and momentum both are strong bearish
but prices are deeply oversold.
on downside 697 and 687 are strong short term support zones.
now downside looks limited and bounce back is expected
commodity traders can buy nickel nov expiry future
around 603-602 with stop loss for target 620.
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