Analysis is based on head and shoulders pattern Short on Nickel Futures (chart is at the peak of second shoulder) This is a long term position (approx 6-8 months). Intermediate shorts can be taken with the help of support and resistance levels.
Target 1: 1057 Target 2: 972 Target 3: 910
Initial Stop Loss: 1160
Trade active
Comment
Target 1 (Rs. 1057) reached Profit per lot: Rs. 60000 Time: 9 days Can book partial profit
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