Will nickel cut its low 895 or its better to buy?
Nickel has its own high of 1096 [approx] but it too has its low 895...... many traders think to buy it in this position as it has its low now but it has been studied that nickel can cut this low and then move to lower again it can go 20 - 23 pts low from cmp which is in 922-916 range it is a sure down trend and may cut 895 risk belongs now but if it cut 927 its totally safe to enter a buy in nickel for profit of a good bunch of points. trade carefully risk should not be taken in this ...........
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