Thursday 12 June 2014

CAPITAL STROKE UPDATE 12-June-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1115 R1-1100 S1-1070 S2-1060
Nickel dropped as negative effects from China's probe into financing fraud at the Port of Qingdao continued to affect prices.
The World Bank’s cut on its outlook for the global economic growth heaped pressure on prices.

UK ILO unemployment rate fell unexpectedly to 6.6% in the three months to April, and the jobless figure for May also decreased by 27,400.

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