Sunday, July 14, 2013

china data.

china has a mixed data this morning.on one hand GDP on qoq basis increases 0.1 percent but industrial production fell by 0.2 percent.The china is facing slowdown in ecocomy from the last two quaters.china is the biggest market as base metals are concerned and base metals prices are heavely depend on china.china has said that it start the buying of nickel program to continue despite slowdown in economy.

positional buy nickel 825 sl 790 target 890,930,980

No comments:

Post a Comment