MTECHTIPS MCX NICKEL INTRADAY trading tips 03-05-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 03-05-2017

MTECHTIPS Nickel trading range for the day is 609.7-619.1.Nickel prices traded in range as traders wait to see if Regina Lopez is confirmed as the Philippines Environmental Secretary.Prices started a rally in 2016 when the environmental inspections were underway in the Philippines, but now a good chunk of these gains have unraveled.Prices were also supported by higher demand from China, but recent data has sparked concern that Chinese demand for nickel will stutter.
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