MCX Nickel yesterday settled up by 0.74% at 866.4 as investors eyed further stimulus by major countries to cushion the worldwide economic meltdown triggered by the coronavirus pandemic.
Nickel Intraday Tips
MCX Nickel Next Target 998—918 Any Panic Buy Stop Loss Paid
MCX Nickel Next Target 998—918 Any Panic Buy Stop Loss Paid
MCX Nickel yesterday settled down by 3.14% at 893.5 prices dropped as downbeat industrial data from China and emergency interestrate cut from the US FederalReserve underscored the potentially crippling blow of the coronavirus pandemic to the globaleconomy.
![Nickel at 5-Week Low [05 September 2024]](https://www.goldsilverreports.com/wp-content/uploads/2019/09/Nickel-base-metals-gsr.jpg)
MCX Nickel Tips – Free Nickel Metal Market Trading Tips & Target ₹1610
The premium of LME nickel cash over the three-month contract fell further to a three-week low of $15 a tonne, indicating a supply crunch has eased. Manufacturing activities across nickel downstream sectors barely improved from a month ago in August, remaining in contraction for the fifth consecutive month, showed an SMM survey on Wednesday September 4.
MCX Nickel Trading Tips Updates – Enjoy 996 To Watch Low 978.80 – Neal Bhai
MCX Nickel Trading Tips Updates – Enjoy 996 To Watch Low 978.80
MCX Nickel Trading Tips – Below 1015 Target 942—922 – Neal Bhai Reports
MCX Nickel settled down 1.94% at 1011.1 on profit booking after prices gained amid an Indonesian mining ministry official reiterating that a ban on the export of raw ore exports would be enforced by 2022.
Nickel Rally Fades, Electric Vehicle Buzz doesn’t
Last week’s rally to a five-month high of $13,350 per tonne on the London Metal Exchange has gone into sharp reverse. Nickel was trading back at $12,385 on Tuesday.