Sunday 20 April 2014

CAPITAL STROKE COMMODITY UPDATE 21 APRIL 2014 : MCX NICKEL



Nickel trading range for the day is 1062.8-1100.8.
Nickel gained amid growing concern about the availability of supply from Indonesia and Russia.
China started stockpiling the metal well ahead of the export ban.
Technically market is under short covering as market has witnessed drop in open interest by -1.84% to settled at 8592.

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