EPIC RESEARCH MCX NICKEL UPDATE OF 01 NOVEMBER 2017

Nickel trading range for the day is 737.4-835.4. Nickel rocketed to its daily limit tracking gains after the sector turned positive on new demand from electric vehicle battery manufacturers. As per UBS nickel among its top picks over the next 2-5 years "due to the game-changing opportunity from electric vehicles, a new source of demand." Tangshan, will impose restrictions on traffic over the winter months to reduce smog, part of efforts to meet politically crucial 2017 air quality targets.



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