INTRADAY - MCX - NICKEL (29-JULY-2020)

Nickel (Expiry: 31-Aug-2020 ) - Technical Analysis Report for Dated (29-July-2020). Based On Bollinger Band, Moving Average, RSI, HakeinAshi Candle, Previous Day Volume and Open Interest Indicator, Nickel is Trading in Perfect Up Trend. Bullish Zone - If Trading Price Sustained Above 1035.90, can Touch Up Side Levels 1044.5. || Bearish Zone - If Trading Price Sustained Below 1029.6, can Touch Down Side Levels 1016.1

If Price Trading Between 1029.6 And 1034.8, Then It Indicates Nickel Trading in Confusing Trend. Safe Trader Avoid Trading Till LTP Sustain Above 1034.8 OR Sustain Below 1029.6   || Other Traders Can Create Buying Positions Between 1029.6 And 1034.8 With StopLoss Below 1029.6 For The Targets 1039 And 1044.5 OR Create Selling Positions Between 1029.6 And 1034.8 With StopLoss Above 1034.8 For The Targets 1025.5 And 1016.1

TRADING RULES GIVEN ONLY TO PAID MEMBERS - (ONE TIME CHARGES - LIFE TIME SERVICE)

Trading Calls - When Market Opens Flat (Between 1029.6 AND 1034.8)

Buy Above 1035.5 Target=1039 SL=1033.3

Sell Below 1028.9 Target=1025.5 SL=1031.1

Trading Calls - When Market Opens In Negative Zone (Below 1029.6)

Buy At 1016.8 Target=1024 SL=1014.6

Buy At 1026.2 Target=1028.9 SL=1024

Trading Calls - When Market Moving From Negative To Positive Zone

Buy Above 1031.1 Target=1039 SL=1028.1

Trading Calls - When Market Opens In Positive Zone (Above 1034.8)

Sell At 1043.8 Target=1039 SL=1046

Sell At 1039 Target=1034.8 SL=1040.5

Trading Calls - When Market Moving From Positive To Negative Zone

Sell Below 1033.3 Target=1025.5 SL=1036.3