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Tuesday 26 April 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 26 APRIL 2016

Nickel trading range for the day is 594-617.       
Nickel prices remains supported to end with gains amid optimism about a demand pick-up up in top consumer China.              
Prices remained supported as investors returned after seeing signs of stabilisation in China's economy including industrial output, loans and property sector.   
A surprise drop in new U.S. home sales data for March supported a view of anemic U.S. economic growth.

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