NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1085 R1-1070 S1-1045S2-1030
Nickel ended with losses as pressure seen on profit booking amid a string of downbeat macroeconomic news.
The lack of Indonesian ore has not squeezed the Chinese nickel pig iron sector as much as expected due to Philippine replacement supply.
China conference board's coincident indicator in August, US annualized Q2 GDP as well as Michigan's September CCI will be released today.
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