Tuesday 3 June 2014

CAPITAL STROKE UPDATE 3-June-2014: MCX NICKEL




NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1135 S2-1120
Nickel gains as support seen after China's official May PMI rose for three consecutive months to hit a five-month high.
In US, Chicago’s manufacturing PMI rose to 65.5 in May, its fresh high since October 2013, while the country’s final manufacturing PMI crept up to 56.4.

New Caledonia authorities said they have authorised a conditional restart of Brazil-based Vale's nickel operations.
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