The Nickel futures contract on the Multi Commodity Exchange (MCX) fell sharply in the past week breaking below the 100-day moving average support (₹725 per kg). The contract has tumbled 4.7 per cent in the past week and is currently trading at ₹700. The sharp fall in the last week confirms the head and shoulders bearish reversal pattern on the charts.The region between ₹720 and ₹725 will now act ...