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MCX NICKEL

Last updated : 24 Nov 2019

Nickel is one of base metals. Multi Commodity Exchange (MCX) allowed traders to trade in Nickel. Lot size of Nickel is 1500 (1 Points = Rs. 1500 ). Margin amount required to trade in this commodity which can be varies from Rs 1 Lakh to Rs. 1.25 Lakh 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

24 Nov 2019 : Exchange has revised the lot size of Nickel from 250 to 1500. From December 2019, all the contract lot size would be 1500.

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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