Nickel trading range for the day is 929.5-965.1.
* Nickel gained as dollar softened and as Chinese yuan showed more stability after the country’s central bank raised the cost of shorting the currency.
* China unveiled tariffs on 5,207 items imported from US, with the extra levies ranging from 5 percent to 25 percent, say could eventually undermine growth.
* The price spread between Jinchuan and Norilsk nickel remained wide in the Shanghai spot market due to tight supply of Jinchuan materials.
* BUY NICKEL AUG 2018 @ 945.00 SL 935.00 TGT 956.00-968.00.MCX
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* Nickel gained as dollar softened and as Chinese yuan showed more stability after the country’s central bank raised the cost of shorting the currency.
* China unveiled tariffs on 5,207 items imported from US, with the extra levies ranging from 5 percent to 25 percent, say could eventually undermine growth.
* The price spread between Jinchuan and Norilsk nickel remained wide in the Shanghai spot market due to tight supply of Jinchuan materials.
* BUY NICKEL AUG 2018 @ 945.00 SL 935.00 TGT 956.00-968.00.MCX
Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > 911 133 9000
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