Monday 1 September 2014

CAPITAL STROKE UPDATE 1-September-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1170 R1-1155 S1-1125 S2-1110

Nickel rose as support seen after release of US data despite of China's investors remained cautious now that prices lack support from demand.

Nickel prices rose so suddenly, when the investor's hoped a sudden decline.

The surplus in the global refined nickel market has narrowed in 2014, when compared with the previous year.

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