Mcx Nickel Report : 9th July 2019

Insignia Consultants

New Delhi

Tuesday, July 9, 2019

TIME 8:17 AM IST                   

 ------------------------------------------------------------------------------------------------------------------------

MCX NICKEL REPORT

Silver, copper and crude oil will break free from the recent consolidation phase and form a new range anytime soon. 

Nickel July 2019: (previous day close/CMP Rs.894.10):

• Key resistance is at 914. Nickel needs to break and trade over 914 till Friday to rise to 969.
• Crash will be there if nickel does not break 914 OR Nickel fall below 888 today.
• I am against buying nickel unless it breaks and trades over 914 this week.

Natural gas 26^th July 19 (previous day close/CMP Rs.165.10):

• NG needs to trade over 160.10 to rise to 170.60 and 180.10.
• Crash will be there below 160.10.

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."

We have no branch

We do not have any marketing agents in any city in India

NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You can also mail your queries at insigniacommodity@gmail.com
Chat Id: telegram/whatsapp 9311139549