Nickel futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators indulged in building up fresh positions in the industrial metal amid an increase in physical demand for nickel from major consuming industries at the domestic spot market.
Nickel prices rise on account of widening of positions by traders in the industrial metal amid an uptick in physical demand from alloy-makers at domestic spot markets. At the MCX, nickel futures for November 2016 contract is trading at Rs 723.40 per kg, up by 3.64 per cent, after opening at Rs 702.40, against a previous close of Rs 698. It touched the intra-day high of Rs 724.90
About Money99
Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.
0 comentários:
Post a Comment