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Friday 27 April 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 27 APRIL 2018

Nickel trading range for the day is 923.2-961.8. Nickel gained on short covering as support seen after LME nickel prices rose 0.4 percent to settled at $14,200. Sentiments still remain weak as US Treasury opened the door to potential easing of sanctions. Rusal even after the U.S. hinted it might relieve sanctions against the company if Mr. Deripaska sells his stake.

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