For MCX Nickel January contract intraday’s bias expect to cap the immediate upside obstacle of 1017-20 levels and turn lower possibly till 998. Unexpected rallies above 1022 may call for 1032/1044 or more. However a direct dip below 996 could look for a 982 later.
Intraday Trading Strategy - Live Trading Calls
Buy MCX Nickel above 1013 with price target of Rs 1017-1019 with keeping a stoploss below 1011.
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