Wednesday 18 June 2014

CAPITAL STROKE UPDATE 18-June-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1170 S1-1140 S2-1120
Nickel ended with gains on continuing supply concerns.
The metal continued to take strength from an ore export ban in Indonesia, that has sharply constricted exports from the major producer.
Refined nickel fell 3.7 percent on-month to 27,751 tonnes in May, reversing a mild rise in April, the data showed.

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