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MCX Nickel Update

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Max Commodity has come out with its report on MCX Nickel. According to our research firm, unless the high of Rs 969.30 is crossed, MCX nickel can fall towards the key daily moving averages, ie till Rs 920. At that level, it has formed an inverted hammer, a bearish pattern. Thus, the high of 969.30 becomes a key resistance. The daily momentum indicator triggered a sell signal near the overbought zone. – PowerPoint PPT presentation

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Title: MCX Nickel Update


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MCX Nickel Update
Max Commodity has come out with its report on MCX
Nickel. According to our research firm, unless
the high of Rs 969.30 is crossed, MCX nickel can
fall towards the key daily moving averages, i.e.
till Rs 920. At that level, it has formed an
inverted hammer, a bearish pattern. Thus, the
high of 969.30 becomes a key resistance. The
daily momentum indicator triggered a sell signal
near the overbought zone. More information about
MCX Nickel Update visit my site
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