According to this chart, nickel is further advance. Once it breaks the hurdle, it will start marching for 1260 – 1280 – 1300 levels.
Hurdle: 1236
Whenever it hits the hurdle level, what will happen? Here, it will act as resistance. We may see reversal up to the support line (1212 – 1180).
Short-term investors can continue position for the above targets. Further information I will update during the market hours for the premium subscribers only.
This is part II. You can also refer to the previous report of nickel by clicking here.
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