Friday, 4 November 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 04 Nov 2016

Nickel trading range for the day is 689.3-709.9. Nickel gained supported by a weaker dollar and buying from computer-driven speculative funds. Prices received support from data showing China's services sector grew at the fastest pace in four months in October as new business picked up. Nickel daily stocks at Shanghai exchange came down by 505 tonnes.
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