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MCX NICKEL

Last updated : 1 JUNE 2019

Nickel is one of base metals. Multi Commodity Exchange (MCX) allowed traders to trade in Nickel. One can trade in Nickel Mega and Nickel Mini. Lot size of Nickel is 250 (1 Points = Rs. 250 ) and lot size of Nickel Mini is 100 ( 1 Points = Rs. 100). Some margin amount required to trade in this commodity which can be varies from Rs 10000 to Rs. 20000 as per its volaility. When volatility high, exchanges increased margin of Nickel. (Time to time margin changed by exchange, so please check it once before taking any action). There is no options trading yet started in Nickel.

Latest View on NICKEL

01 June 2019 : Nickel June contract currently at 876.50. As per chart, Nickel resistance around 884-886 level and support at 867 level. Above or below these levels we can see further buying or selling in Nickel

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