Nickel is good to sell at Rs 1040-1045 per kg levels. With a stop loss of Rs 1065 per kg, nickel falling to Rs 1015. If the metal closes below Rs 1015, then the next target is Rs 995 within a couple of days.
We says that the yellow metal is very strong right now and that it might test Rs 28,600-28,650 per kg levels soon. Therefore, The call is to go long on gold above Rs 28,460-28,470 per kg with a stop loss at Rs 28,350.
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