30th December, 2014 - Nickel Trade Setup

Nickel Daily Chart
On the daily charts, Nickel is in a downtrend and after yesterday's move the downtrend looks to continue till atleast 930-932 levels. Short on a rise near 961 with a stoploss of 970 and target of 943/938/935. Traders with low capital can follow the same levels in Nickel Mini contracts.

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