MCX Nickel Report: 12th September 2019

Insignia Consultants

New Delhi

Thursday, 12 September 2019

TIME 9:02 AM IST                         

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MCX NICKEL REPORT

One needs to remain on the sidelines in nickel today. Medium term nickel is bullish. Crashes (if any) should be used to invest.

Nickel September 2019: (previous day close/CMP Rs.1265.80):

  • Nickel needs to trade over 1221 till Monday to rise to 1304 and 1330.
  • Big crash will be there if nickel trades below 1221.

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. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

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THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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