Report for Date: 14/01/2019 MCX Nickel (Price figures below are in Rs/INR per Kg) Hold long position with a stop loss of 783. Expect higher range of 812-829 to be tested. Support will be at 802-795 to be tested. TREND INFORMATION WITH INTRA-DAY LEVELS
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
805.30
779.86
UP
773.10
4.01
778.47
795.47
802.63
812.47
829.47
*Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY
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