Nickel trading range for the day is 999.8-1055.2.
Nickel rose as investors raised bullish bets after signs of stress in Chinese stainless steel markets following a ban on exports from Indonesia.
Reduced supply of nickel pig iron could mean that China increases its use of the higher-grade refined metal, underpinning global prices.
Technically market is under fresh buying as market has witnessed gain in open interest by 13.57% to settled at 9480.
http://www.capitalstroke.com/ or contact on 0731-3299704
0 comments :
Post a Comment