mcx nickel weekly-breakout above 580 tgts 609-668

mcx nickel weekly-breakout above 580 tgts 609-668Mcx nickel future this week closed with gain. This was second positive week for this base metal commodity.   We saw strong breakout above 579 levels and upside levels up to 601.   Mcx nickel future above 579 will remain bullish and buy. On upside 609 and 668 are strong resistances as well as upcoming week’s targets.   On downside 579 and 560 are support levels.

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Pramod Baviskar

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