Insignia Consultants
New Delhi
Friday, March 8, 2019
TIME 9:18 AM
IST
------------------------------------------------------------------------------------------------------------------------
MCX NICKEL
REPORT
Trend after
7pm will be the key for gold and silver today. Nickel if it falls today will
move into a short term bearish phase.
Nickel
March 2019: (previous day close/CMP Rs.920.60):
o
Key support till Monday is at 896.30.
o
Nickel needs to trade over 896.30 till Monday to try
and rise to 943-950 zone.
o
Small sell off will be there below 911.
Disclaimer: Any opinions as to the commentary, market
information, and future direction of prices of specific currencies, metals and
commodities reflect the views of the individual analyst, In no event shall Insignia
Consultants or its employees have any
liability for any losses incurred in connection with any decision made, action
or inaction taken by any party in reliance upon the information provided in
this material; or in any delays, inaccuracies, errors in, or omissions of
Information. Nothing in this article is, or should be construed as, investment
advice. All analyses used herein are subjective opinions of the author and
should not be considered as specific investment advice. Investors/Traders must
consider all relevant risk factors including their own personal financial
situation before trading.Website www.insigniaconsultants.in.
Prepared by Chintan Karnani
"Print this report only if absolutely
necessary. Save Paper. Save Trees."
NOTES TO THE ABOVE
REPORT
ALL VIEWS ARE INTRADAY
UNLESS OTHERWISE SPECIFIED
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY
CLOSING BASISPLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
The analyses are based
on closing price of previous day. Maintaining proper stop loss is always
recommended.
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