WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017
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WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017
Last week analysis clearly pointed towards the bearishness in nickel and short trade has worked out well.
Now 240 and daily is in clear downtrend with side way to down move on weekly with sideway on monthly.
But weekly DZ may give some support in conjunction with short covering.
OI analysis too suggesting huge short addition in system.
Trend Analysis:
OI Data Analysis:
Trade Setup:
Now 240 and daily is in clear downtrend with side way to down move on weekly with sideway on monthly.
But weekly DZ may give some support in conjunction with short covering.
OI analysis too suggesting huge short addition in system.
Trend Analysis:
OI Data Analysis:
Trade Setup:
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