EPIC RESEARCH MCX NICKEL UPDATE OF 28 JUNE 2016

Nickel trading range for the day is 597.3-622.3.
Nickel prices dropped weighed down by a stronger U.S. as caution dominated the market in the aftermath of Britain's vote last week to leave EU.        
A survey shows growth in China's manufacturing sector likely stalled in June adding to expectations that Beijing will have to roll out more stimulus.          
Nickel daily stocks at Shanghai exchange came up by 268 tonnes.

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