Tuesday 23 September 2014

CAPITAL STROKE UPDATE 23-September-2014 : MCX NICKEL



NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1075 R1-1060 S1-1030 S2-1020

Nickel prices recovered from the day's low after an Indonesian government official said that the country will maintain its mineral ore export ban

HSBC’s China flash manufacturing PMI unexpectedly rebounded to 50.5 in September, hovering above the 50 mark for a third straight month

The US dollar went up after Fed official James Bullard predicted that interest rate hike may happen in Q1 next year.


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