EPIC RESEARCH MCX NICKEL UPDATE OF 29 NOVEMBER 2016

Nickel trading range for the day is 765.6-827.4. Nickel dropped on profit booking after prices gained as supply in nickel ore market is tightening. Nickel ore inventories at seven major Chinese ports kept falling in the week ending Nov. 25. China's trade deficit in services narrowed to $20.9 billion in October from $23.3 billion in September, the foreign exchange regulator said.

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