Nickel took some
correction for the course of week and gave the positive closing for the last
day prices closed @ 706.30. In last trading session bullish hammer candle stick
pattern seen, this indicates the bullish trend in daily chart. If it breaks the
resistance of 735 then it can further breach up to 790 on higher side for the
coming week or else can fall till 624.735 will be the first resistance for the
rising price of nickel.
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