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LME Nickel: Accumulate At Lower Range

2 May 2016 12:20 pm
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Report For Date 2/05/2016

Nickel LME- (Price figures in $/Ton)

Accumulate at 9327-9193 as the opportunity arises.


Expect higher range of 9593-9993 to be tested.


Weekly Level for LME Nickel

STRATEGY

CLOSE

DRV

TREND

Trend Price

Trend Date

L1

L2

CP

L3

L4

Accumulate

9460

9090

UP

9130

22.04

8793

9193

9327

9593

9993






Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.


       
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