The contract has managed to bounce higher after making a low of ₹692.8 per kg last Thursday

After falling for two consecutive weeks, the Nickel futures contract on the Multi Commodity Exchange (MCX) got a breather in the past week. The contract has managed to bounce higher after making a low of ₹692.8 per kg last Thursday. The contract has risen about 4 per cent from this low, and is currently trading at ₹720 per kg.Resistances are at ₹723 and ₹730, which are likely to be tested. If the...