EPIC RESEARCH MCX Nickel UPDATE OF 8 April 2019

Nickel trading range for the day is 890.8-926.

* Nickel dropped on profit booking after prices seen supported by news that the United States and China are edging closer to a trade deal after months of dispute.

* U.S. President Donald Trump said a trade deal with China could be reached in about four weeks, but he issued a warning to Beijing that, absent a pact.

* In China, activity in its services sector picked up to a 14-month high in March as demand improved at home and abroad, a private survey showed.

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