EPIC RESEARCH MCX NICKEL UPDATE OF 24 MAY 2016

Nickel trading range for the day is 557.6-576.   
Nickel prices dropped as investors are also souring on nickel as the peak stainless demand period winds up.  
A Fed official said on Monday that U.S. interest rates being kept too low for too long could cause financial instability 
Nickel daily stocks at Shanghai exchange came down by 148 tonnes. 
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