News with Tags "Nickel"

MCX Nickel May contract is trading in negative territory from long time and forming an H&S pattern after a current bounce back, indicating neck line near 809 while shoulders in range of 824 while top near 852.

There is a selling opportunity for clients in range of 825-835 with stop loss above 852; those who want enter early, while on break below 809 we can a sharp price movement toward recent low and minimum down fall expected till 768 ranges from current levels. If market hold and trades above 852 levels then short term price reversal can be seen till 880 and 920 ranges.

Trade Plan - Sell at 825-835 range with stop above 852 Target 768, Sell more below 809 ,Book partial profit near 790-785 range and hold rest for target of 768 with stop loss above 820

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

MCX Gold April: Sell around 29450 levels with a stop loss placed above 29520 levels for targets of 29300 levels.
 
MCX Silver May: Sell around 54700 levels with a stop loss placed above 55200 levels for targets of 54100 levels.
 
MCX Crude March: Sell around 5000 levels with a stop loss placed above 5030 levels for targets of 4940 levels.

MCX Natural Gas March: Buy around 195 levels with a stop loss placed below 192 levels for targets of 199 levels.
 
MCX Copper April: Sell around 428 levels with a stop loss placed above 430 levels for targets of 424 levels.

MCX Nickel March: Sell around 910 levels with a stop loss placed above 920 levels for targets of 890 levels.

MCX Lead March: Sell around 121 levels with a stop loss placed above 122 levels for targets of 119 levels.
 
MCX Zinc March: Sell around 108.50 levels with a stop loss placed above 109.50 levels for targets of 106 levels.

MCX Aluminium March: Sell around 107 levels with a stop loss placed above 108 levels for targets of 105 levels.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.