MTECHTIPS MCX NICKEL INTRADAY trading tips 20-06-2017

MTECHTIPS MCX NICKEL INTRADAY trading tips 20-06-2017

MTECHTIPS Mcx Nickel trading range for the day is 568.5-592.5.Nickel prices gained as support seen after news some Indonesian nickel smelters cease operations due to falling prices.Thirteen smelters with a combined capacity of 750,000 tonnes of nickel pig iron a year were forced to cease operation.Nickel ore inventories at seven major Chinese ports kept increasing in the week ending June 16, data showed.
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