Nickel: Medium Term Technical Outlook

TRUE INFOTEC: MCX Nickel Medium Term Technical Outlook seems

Bearish

A formation of descending triangle (continuation) is in progress and we will be witnessed downside break occurs; there would ideally be an expansion of volume for confirmation.

TRUE INFOTEC: AFTER confirmation OF THIS PATTERN PROJECTED TARGETS

WILL BE 700-600 Levels AND RESISTANCE SEEN AT 910 LEVELS, 

CMP 935.00 LEVELS  

....to be continued

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Pradeep Karnani
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