On this week, opening nickel will try to test 667.5 level. If it fails to close below to test level, then nickel could hit 674-678-682+ levels on next week.
Sellers should keep eyes on test level breakout. Once it will close below 667.5 then you will see 665-662-658 below levels!
On last Friday I had written about crude oil. If you don’t remember, then click here, and it read again. It will shortly slip downward and breaks the mentioned targets. It could run upside up to 3000 – 3020 levels, but overall down down down!
Be ready for big down fall!
Cardamom is dropping down from last 1 week. It should continue to move downward until break 1100. 1100 levels like small hurdle so if it will break the hurdle then we will see 1050 level in coming days!
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NCDEX Players must watch the sugar. On last week it had lost almost -63 rupees and closed at 3437 level. If it closes below to 3418 levels then Sugar will drop downside nonstop up to 3372-3330-3280 levels.
Sell Sell Sell!
Last closed at 6868 level and it will hit 6700 level shortly.