EPIC RESEARCH MCX NICKEL UPDATE OF 15 JULY 2016

Posted by Farhan Khan on 11:36:00 with No comments

Nickel trading range for the day is 677.6-710.8.
Nickel closed with marginal gains amid concerns over a supply shortfall from Philippines due to an environmental crackdown.        
Nickel supply could also be impacted as authorities in one area of China were also becoming tough on polluting industries.        
Support also seen as investors are still hoped for top metals consumer China to give more stimulus to its economy.

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