LME Nickel: Exit long on the rise

Report For Date 20/06/2017

Nickel LME- (Price figures in $/Ton)

Pullback reversal can be seen above 9025.

Lower range can be 8770-8550.

Support is likely to be seen at lower level of 8490 and 8100-7700.

Weekly Level for LME Nickel

STRATEGY	CLOSE	DRV	TREND	Trend Price	Trend Date	L1	L2	CP	L3	L4
Distribution	8905.0	9494.7	DOWN	9920	24.03	8550	8770	8855	8990	9210

Weekly Chart

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