Nickel (Expiry: 31-Jul-2020 ) - Weekly Technical Analysis Report Valid From 27-July-2020 To 31-July-2020. Based On Bollinger Band, Moving Average, RSI, HakeinAshi Candle, Previous Day Volume and Open Interest, Nickel is Trading in Perfect Up Trend. Bullish Zone - If Trading Price Sustained Above 1028.3, can Touch Up Side Levels 1052. || Bearish Zone - If Trading Price Sustained Below 1009.1, can Touch Down Side Levels 970.4

If Price Trading Between 1006.9 And 1015.5, Then It Indicates Nickel Trading in Confusing Trend. Safe Trader Avoid Trading Till LTP Sustain Above 1015.5 OR Sustain Below 1006.9   || Other Traders Can Create Buying Positions Between 1006.9 And 1015.5 With StopLoss Below 1006.9 For The Targets 1035 OR Create Selling Positions Between 1006.9 And 1015.5 With StopLoss Above 1015.5 For The Targets 996.3

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Weekly Positional Trading Calls

Nickel Buy At 997.6 Target= 1048.1 SL= 970.4


Nickel Sell At 1033.7 Target= 983.2 SL= 1060.9