Tuesday, 22 November 2016

DOLLAR ADVISORY MCX NICKEL UPDATE OF 22 Nov 2016


Nickel rallied as industrial metals renewed their advance amid optimism over demand in China and the U.S.
Real gross domestic product of the member countries of the OECD area picked up markedly in the third quarter
Technically market is under short covering as market has witnessed drop in open interest by -25.3% to settled at 7409
Nickel trading range for the day is 740.2-795.
 
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Nickel trading range for the day is 740.2-795.
Nickel rallied as industrial metals renewed their advance amid optimism over demand in China and the U.S.
Real gross domestic product of the member countries of the OECD area picked up markedly in the third quarter
Technically market is under short covering as market has witnessed drop in open interest by -25.3% to settled at 7409  - See more at: http://investmentguruindia.com/CommoditiesReports/Crudeoil-trading-range-for-the-day-is-3107-3425---Kedia#sthash.Kz0xgnhx.dpuf

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