CO:MCX Nickel rambles on unresolve Europen debt problem
AHMEDABAD : MCX Nickel opened positive at Rs. 934.9 as compared with its previous close of Rs. 931.8, the expectation that European leaders will force Greece to accept terms and conditions of debt rescue plan.
If debt problems are not getting resolved for coming fortnight or we may expect further correction in near future. And there is no doubt that investors and traders would be watching the efforts which will be taken by European community to sort out there debt problems.
Technically, MCX nickel is having resistance at Rs. 964 and support at Rs. 908, the market is expected to remain in this range unless the Euro-zone problems to get settled.
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