MCX Nickel weekly analysis for 11 dec. to 15 dec. 2017
Mcx nickel future this week closed at 707.9 with loss.
mcx nickel future this week hit high at 740 while low was near 692, total 48 rupee range and negative closing on selling.
for next week, below 735 rupee, remains weak and sell on rise for targets 680 and 640 rupees.
from long term view, nickel after hitting 830 long term investment target now correcting towards 675 rupee level.