Nickel: Upwave for Dec 15-19 - Rakesh Chandra

On the weekly chart, the 5th downwave is over and hence the upwave is now in progress.
With stoploss 503, buy above 516.22 with up target 537>>571>>>593.

The monthly target is as follows:

UPWAVE (4-5) MUT3: 645;
UPWAVE (2-3) MUT2: 604;
UPWAVE (0-1) MUT1: 538.

Price is bullish above monthly pivot point 498.