Jinchuan Group Co., the world's fourth largest nickel producer, expects the ongoing overhaul of its nickel flash smelter to be completed in mid-October. Nickel has touched a low of Rs 927.3 a kg after opening at Rs.934.3, and last traded at Rs 943.4.For today market is looking for the support at 931.1, a break below could see a test of 918.9 and where as resistance is now likely to be seen at 951.8, a move above could see prices testing 960.3.

Trading Ideas:

Nickel trading range is 918.9-960.3.
China Jinchuan to resume nickel flash output in mid October  
Nickel is getting support at 936.80 and resistance is at 949.20
Jinchuan hikes ex-works refined nickel price by RMB 3000
BUY NICKEL JUNE ABV 945 SL 936 TGT 950-956-962.MCX