Technical Levels of Nickel and other Major Commodities
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MCX Silver(March) has support at 62200 and resistance at 62900. Break and sustain below 62200 will take it to the next support level of 61700…61200 and sustainable trade above 62900 and see further upside move towards the next resistance level of 63500…63900.
Nickel has support at 1538 and resistance at 1552. Sustainable trade above 1552 will see the upside move towards 1560…1567.50 and if sustained below 1538 can catch the downside move towards 1530…1522.50 respectively.
Aluminium has support at 209.50 and resistance at 211.50. Selling can see this counter below 209.50 for the targeting towards 208…205 and sustainable trade above 211.50 will see the upside move towards 214…216.50.
Natural Gas has support at 347.50 and resistance at 360. Sustainable trade below 347.50 can see more downside towards 340…..332 and if sustained above 360 will see the upside move towards 368…376 levels.
Rest Commodities levels we will provide only to our paid subscribers.
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