Nickel Prices are range bound and above 1192 it may reach to 1198-1205 level. But below 1161, it might face 1151-1143-1131 level.
An initial pullback may see towards 101.90 before resuming the downtrend towards 100.50 followed by 98.60 in
the near term. However, any bounce back above 102.10 may see a short covering rally towards 104.30 region
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