Tuesday 15 July 2014

CAPITAL STROKE UPDATE 15-July-2014 : MCX NICKEL




NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1175 S1-1145 S2-1130

Nickel prices ended with losses as pressure seen due to a series of negative economic reports
World supply will be in a 3,000 ton shortfall by the end of the year, with the deficit widening to 134,900 tons next year
Nickel traders are eyeing on speculation that Indonesia may relax its export ban if Joko Widodo wins elections.

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