EPIC RESEARCH MCX NICKEL UPDATE OF 29 JUNE 2016

Nickel trading range for the day is 606-643.4.    
Nickel prices gained as investors bet on more global stimulus measures after Britain's shock vote to leave the European Union.
Nickel prices gained as sentiments improved after the report from BMI suggested that it maintained its refined nickel price forecast at $9000/t in 2016              
Prices also remained supported on hopes countries would bring in new measures to soothe uncertainty after Britain's referendum.

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