MTECHTIPS MCX NICKEL INTRADAY trading tips 01-06-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 01-06-2017

MTECHTIPS Mcx Nickel trading range for the day is 565.4-594.2.Nickel dropped on worries about oversupply and fears of tepid demand from steel mills in top metals consumer China.Pressure seen as high inventories at LME warehouses are also a negative for nickel prices, stocks at more than 378,000 tonnes.The relaxation of Indonesias ban on exporting unprocessed nickel ore has added to concerns over rising supply.
WWW.MTECHTIPS.COM
07489294118-119